Bitcoin Dollar-Margin Long Positions Drop 11% as Ethereum Positions Rise

According to CoinGlass data as of 9:15 a.m. KST on May 19, the USDT collateral long position share for Bitcoin stood at 66.43%, down 3.79 percentage points from the previous day. Ethereum rose to 61.44%, up 3.71 percentage points, showing an opposite trend. Dogecoin increased to 79.60% (+1.91 percentage points), while XRP rose to 65.06% (+1.26 percentage points).

In coin collateral positions, Solana decreased to 77.02%, down 1.86 percentage points, showing a slight adjustment. Other coins saw minimal changes: Bitcoin at 70.63% (+0.11 percentage points), Ethereum at 73.91% (+0.10 percentage points), XRP at 82.15% (-0.19 percentage points), and Dogecoin at 75.38% (+0.14 percentage points).

On the account basis, USDT collateral long position share for Bitcoin dropped to 49.58%, down 11 percentage points, while Ethereum also fell to 52.54%, down 11 percentage points. Solana saw a sharper decline at 61.54%, down 6.44 percentage points. XRP decreased to 73.15% (-1.83 percentage points), and Dogecoin dropped to 74.45% (-0.48 percentage points).

Coin collateral accounts remained largely stable, with Bitcoin at 70.67% (+0.11 percentage points), Ethereum at 74.82% (+0.08 percentage points), XRP at 82.45% (+0.09 percentage points), Solana at 78.55% (+0.08 percentage points), and Dogecoin at 87.22% (+0.04 percentage points).