DOGE: CFTC Largest Traders' Share of Open Interest
The share of the open interest in Coinbase Derivatives' Dogecoin futures (5,000 DOGE a contract) held by its 4 and 8 largest traders, on each side.
Why use it. A market held by a few traders can move sharply when one of them leaves; rising concentration on one side marks a crowded position. How to read it. Long lines above short lines mean the biggest positions are long. A sudden drop in one line means a large trader closed or cut a position.
Calculation. The CFTC's gross concentration ratios of Coinbase Derivatives' Dogecoin futures (5,000 DOGE a contract) (the percent of open interest held by the largest 4 and 8 reportable traders, long and short, futures only), the DOGE contract with the most open interest in the latest report. One value per weekly report, dated the Tuesday whose positions it lists (positions at that day's close); the CFTC publishes each report the following Friday at 15:30 US Eastern time and CryptoKeyhole reads it within ten minutes. The CFTC revises a report now and then; the whole history is read again every day. Source: the CFTC's Traders in Financial Futures report (public data of the US Commodity Futures Trading Commission), read by CryptoKeyhole.