DOGE Futures Long Positions Surge Amid Tactical Shift Among Top Traders
Dogecoin (DOGE) futures long positions surged in the USDT-margined market, rising to 73.96% on Sunday, according to CoinGlass data.
This marked a 2.60 percentage point increase from the prior day and was the largest day-over-day move among major tokens.
While Ethereum (ETH) saw its long positions rise to 58.83%, XRP increased to 61.91%, and Bitcoin (BTC) and Solana (SOL) held relatively flat, with BTC at 61.64% and SOL at 62.69%. In the coin-margined market, where traders post crypto as collateral, changes were muted.
The data suggests a tactical shift in short-term risk appetite among top leveraged traders rather than a broad-based repositioning.