Dogecoin
Dogecoin Retail Longs Reach 81% on OKX Futures
Dogecoin derivatives accounts on OKX showed an account ratio of 4.17 longs for every short, reflecting heavy retail positioning on the long side.
Data captured from OKX on October 16 at 10:00 UTC showed that 81% of accounts with open Dogecoin derivatives positions were positioned long, resulting in a long-to-short account ratio of 4.17. The proportion of accounts betting on rising prices was substantially higher than the 1.61 recorded for Bitcoin and 1.78 for Ethereum.
Dogecoin traded at $0.082375 around midday on October 16, marking a 2.9% increase from the prior day and a 3.5% decline over the week. The token moved within a 5.9% daily band between a low of $0.077935 and a high of $0.082513, placing the price near the top of its intraday range.
The OKX metric evaluates the raw number of accounts holding positions rather than the dollar volume behind them. Because small retail balances carry the same weight as institutional positions, the ratio reflects the distribution of participating accounts rather than overall capital allocation.
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