Cardano led a modest pullback in futures positioning in the 24 hours to Nov 7, 11:35 UTC. Open interest on $ADA , the value of futures bets still open, shrank 2.77% as the price fell 1.82%, so traders on that coin were closing positions, not adding.
Chainlink followed at -2.45%, then Avalanche at -1.67% and XRP at -1.46%.
$BTC, $ETH and Solana went the other way and were the only coins on the list to add bets. Bitcoin's open positions grew 0.58% with the price at -0.21%. Every coin on the list sat in a quiet regime.
Chainlink followed at -2.45%, then Avalanche at -1.67% and XRP at -1.46%.
$BTC, $ETH and Solana went the other way and were the only coins on the list to add bets. Bitcoin's open positions grew 0.58% with the price at -0.21%. Every coin on the list sat in a quiet regime.
