Avalanche saw the heaviest unwinding of futures bets in the 24 hours to Nov 2, 11:35 UTC. Open interest, the value of futures positions still open, fell 7.42% as the price dropped 2.44%. Our tracker classes that mix as deleveraging on the way down for $AVAX .
$LINK shed 5.14% of its open positions on a 3.99% price drop, and BNB lost 2.97% on a 1.25% slide. $BTC open interest eased 2.16% with price almost unchanged at -0.1%.
Dogecoin and XRP went the other way. Positions there grew 2.74% and 2.61% on small price dips of -0.44% and -0.35%.
$LINK shed 5.14% of its open positions on a 3.99% price drop, and BNB lost 2.97% on a 1.25% slide. $BTC open interest eased 2.16% with price almost unchanged at -0.1%.
Dogecoin and XRP went the other way. Positions there grew 2.74% and 2.61% on small price dips of -0.44% and -0.35%.
