Ethereum (ETH) saw one of the sharpest pullbacks in top-trader futures positioning over the past day, with a notable reduction in long exposure across both USDT-margined and coin-margined accounts—an early signal that leveraged sentiment may be cooling even as broader crypto markets remain range-bound. According to CoinGlass data recorded on Thursday 01:15 ET (05:15 UTC), the share of long positions held by top traders in ETH coin-margined futures fell to 54.38%, down 4.60 percentage points from the prior day—the largest decline among major assets tracked in the dataset.
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