$ETH 𝗳𝗲𝗹𝗹 𝗻𝗲𝗮𝗿𝗹𝘆 𝟳% 𝗶𝗻 𝘁𝗵𝗿𝗲𝗲 𝗱𝗮𝘆𝘀. 𝗧𝗿𝗮𝗱𝗲𝗿𝘀 𝗸𝗲𝗽𝘁 𝗴𝗼𝗶𝗻𝗴 𝗹𝗼𝗻𝗴.
On Binance ETH futures, the share of accounts holding longs rose from about 71% on Monday to 77% today, while price slid from near $2,720 to about $2,530.
Open interest in ETH terms is up around 3% over the same stretch, so this is fresh positioning, not just old longs holding on.
Bigger accounts are calmer: top traders sit nearer 60% long by position size.
Early dip buyers, or a crowded trade?
NFA.
#Ethereum #Futures
On Binance ETH futures, the share of accounts holding longs rose from about 71% on Monday to 77% today, while price slid from near $2,720 to about $2,530.
Open interest in ETH terms is up around 3% over the same stretch, so this is fresh positioning, not just old longs holding on.
Bigger accounts are calmer: top traders sit nearer 60% long by position size.
Early dip buyers, or a crowded trade?
NFA.
#Ethereum #Futures