According to Satoshi Index, the long position ratio of top traders over the past 24 hours has increased to 81%, up from earlier in the morning. In contrast, the 7-day and 30-day groups maintained a significant short position ratio of 91%. While BTC and ETH saw slight gains, the unrealized P&L for the 24-hour group remained in the red.

The proportion of Ripple (XRP) futures long position accounts reached 74%, with the price recorded at $1.17. Open interest in futures was tallied at $395 million, an increase of 5.84% from 24 hours ago. However, the proportion of long accounts is based on the number of accounts and does not represent the actual scale of funds.

In the domestic cryptocurrency market, XRP garnered the most attention, accounting for 23.38% of trading value. WLD and ONDO also showed high domestic trading proportions, but their prices have recently declined. RLUSD experienced a surge in trading volume with no price change, and XRP had the highest kimchi premium.

The cryptocurrency market showed mixed trends, with Bitcoin and Ethereum experiencing slight gains. Bitcoin's dominance expanded, but a short-term wait-and-see attitude was observed as derivatives trading volume decreased. Most altcoins showed an upward trend.

Global trending coin 1st place on CoinMarketCap is ZIG, while Korea's is CYBER. Among the global top 10, 8 were not included in Korea's top 10, showing a difference in interests between the two countries.

Over the past 24 hours, the cryptocurrency market experienced liquidations totaling $152.55 million in leveraged positions, with long positions accounting for 70.55% of the total. Significant liquidations occurred across major assets, including Bitcoin and Ethereum.

A total of 5 coins set new all-time highs, while OUSG and FIUSD maintained their existing all-time highs. Additionally, 6 coins hit new all-time lows, with EXOD trading at its lowest point. The top 5 coins by market capitalization, including Bitcoin and Ethereum, are currently in a correction phase from their respective all-time highs.

In the Ripple (XRP) derivatives market, positions worth $36.57 million were liquidated over the past 7 days, with 80.8% of these being long positions betting on price increases. The price of Ripple saw a downward trend during the same period.

In the altcoin spot ETF market, ZEC recorded net inflows, while SOL, LINK, and HYPE experienced net outflows. Several other altcoin ETFs, including XRP, Dogecoin, and Avalanche, maintained a neutral trend.

XRP sentiment hits a low as CTO David Schwartz cracks down on spam and insults on social media. Despite negative chatter, some analysts see potential for a trend reversal.

The cryptocurrency market showed mixed trends, with Bitcoin experiencing a slight decline while Ethereum saw an increase. Both Bitcoin and Ethereum's market shares grew, and a decrease in derivatives trading volume indicates short-term wait-and-see sentiment.

As of November 5th UTC, Ripple, HyperLiquid, and Stellar Lumens have fallen by 6.9%, 8.5%, and 8.9% respectively. The SEC registration application of a company related to HyperLiquid and Stellar's upgrade plans are unlikely to be the direct cause of this simultaneous decline. The price movements of each asset are analyzed to be influenced by separate factors.

Solana's dollar margin long position ratio decreased by 3.17%p, while XRP and Ethereum also saw slight declines. The proportion of XRP long holdings accounts also decreased by 3.06%p. In coin margin, the long position ratios for XRP and Ethereum slightly increased.