Cardano saw the deepest leverage cut on our board in the 24 hours to Oct 15, 11:35 UTC. Open interest in $ADA , the value of futures bets still open, moved -50.8% with price at -5.75%.
The rest of the list followed the same pattern. XRP moved -39.1% with price at -4.93%, Dogecoin -38.79%, Avalanche -37.56% and Chainlink -30.38%. Open bets in Ether moved -19.57% with $ETH at -5.63%.
Funding stayed flat across all eight coins, between -0.01% and 0.01%, so neither side paid much to keep positions open. Bets came off on the way down, and few new ones replaced them.
The rest of the list followed the same pattern. XRP moved -39.1% with price at -4.93%, Dogecoin -38.79%, Avalanche -37.56% and Chainlink -30.38%. Open bets in Ether moved -19.57% with $ETH at -5.63%.
Funding stayed flat across all eight coins, between -0.01% and 0.01%, so neither side paid much to keep positions open. Bets came off on the way down, and few new ones replaced them.