Key Takeaways
- • Solana futures open interest posted the largest 24-hour gain among major crypto futures markets, rising 5.17% to $833.7 million as of November 9, according to Pluang.
- • Bitcoin futures open interest remained the highest at $7.33 billion, growing 3.89% over the same period, while Ether open interest declined slightly to $4.78 billion.
- • Long accounts dominated all five major crypto futures markets, with positive funding rates indicating longs were paying shorts.
- • Spot prices diverged from futures positioning: Solana fell 3.99% over the prior day to Rp1.500.664 on Pluang as of November 11, 2026, and Bitcoin dropped 2.28%.
Summary
Solana's futures market recorded the largest 24-hour increase in open interest among the five major crypto futures markets tracked by Pluang, rising 5.17% to $833.7 million as of November 9, 2026. The move points to growing trader engagement with Solana derivatives at a time when the broader crypto market has shown mixed signals.
Bitcoin retained the largest futures open interest at $7.33 billion, with its open interest rising 3.89%. Ether open interest eased slightly to $4.78 billion, while XRP and Dogecoin posted minor declines. Across all five markets, long accounts outnumbered shorts, and positive funding rates meant traders holding long positions were paying those holding shorts, a configuration that typically reflects bullish positioning among leveraged traders.
The futures data contrasts with spot price action reported on the same platform. As of November 11, 2026, at 08:02 WIB, Solana traded at Rp1.500.664, down 3.99% over the prior day, while Bitcoin was priced at Rp1.327.547.943, down 2.28%. XRP and Dogecoin declined 4.66% and 2.22% respectively. Pluang's report characterizes the combination as active trader positioning alongside current price softness.
Related coverage on Pluang also noted a Solana drop of 2.51% within one hour on Binance, during which $9.71 million in long positions were liquidated across Binance, Bybit and OKX, compared with roughly $90,000 in short liquidations. Bitcoin and XRP also recorded rising dollar-margined long position shares on November 10, 2026, by 3.38 and 2.63 percentage points respectively.
Bitcoin retained the largest futures open interest at $7.33 billion, with its open interest rising 3.89%. Ether open interest eased slightly to $4.78 billion, while XRP and Dogecoin posted minor declines. Across all five markets, long accounts outnumbered shorts, and positive funding rates meant traders holding long positions were paying those holding shorts, a configuration that typically reflects bullish positioning among leveraged traders.
The futures data contrasts with spot price action reported on the same platform. As of November 11, 2026, at 08:02 WIB, Solana traded at Rp1.500.664, down 3.99% over the prior day, while Bitcoin was priced at Rp1.327.547.943, down 2.28%. XRP and Dogecoin declined 4.66% and 2.22% respectively. Pluang's report characterizes the combination as active trader positioning alongside current price softness.
Related coverage on Pluang also noted a Solana drop of 2.51% within one hour on Binance, during which $9.71 million in long positions were liquidated across Binance, Bybit and OKX, compared with roughly $90,000 in short liquidations. Bitcoin and XRP also recorded rising dollar-margined long position shares on November 10, 2026, by 3.38 and 2.63 percentage points respectively.
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