XRP led a broad drain of futures leverage in the 24 hours to Oct 30, 11:35 UTC. Its open interest, the value of futures positions still open, fell 15.58% against a 3.5% price drop, so the shrink ran well past the price move.
Dogecoin followed at -13.12% on a -3.71% day, then Litecoin at -12.23%, Solana at -12.06% and Cardano at -11.66%. Ether's open interest gave up -5.76% with its price at -3.86%.
Binance Coin was the exception in label only. It fell the most on price, -5.46%, and its board reading stayed quiet at -5.61% open interest.
Dogecoin followed at -13.12% on a -3.71% day, then Litecoin at -12.23%, Solana at -12.06% and Cardano at -11.66%. Ether's open interest gave up -5.76% with its price at -3.86%.
Binance Coin was the exception in label only. It fell the most on price, -5.46%, and its board reading stayed quiet at -5.61% open interest.
