OPN

2026-07-07 01:22:35

Altcoins Split Sharply as BNX Draws Heavy Shorts and COAI Longs Top 83%

Altcoins are showing sharp divergence, with BNX and other illiquid tokens heavily shorted while COAI leads crowded long positioning above 83%. Despite isolated speculative bets, overall altcoin open interest remains subdued and market leadership still leans toward Bitcoin.

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Altcoins Split Sharply as BNX Draws Heavy Shorts and COAI Longs Top 83%
2026-07-07 01:31:28

Altcoins Split: BNX Most Shorted, COAI 83% Long

Altcoins show extreme long/short divergence. BNX leads shorts with illiquid tokens, while COAI sees 83% longs. Overall open interest low, market cautious with potential risks.

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Altcoins Split: BNX Most Shorted, COAI 83% Long
2026-07-07 01:21:53

Altcoins Split as Extreme Short and Long Positioning Deepens

Altcoin markets are showing sharp divergence, with some illiquid tokens heavily shorted and others seeing aggressive long positioning on breakout expectations. However, overall open interest remains depressed, indicating weak broad market participation despite pockets of speculative activity.

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Altcoins Split as Extreme Short and Long Positioning Deepens