$NEAR Whale long/short position ratio: 2.54 (long 71.8% / short 28.3%).
Let’s use this data to talk about the whale long/short position ratio.
The total amount of long positions always equals the total amount of short positions across the market. If whales collectively hold more longs, that means other accounts are net short overall.
More than any single reading, the direction and pace of change in the ratio are usually worth watching.
The indicator may be inaccurate, so don’t skip your stop-loss: deciding what to do if you’re wrong matters more than guessing whether you’re right.
Let’s use this data to talk about the whale long/short position ratio.
The total amount of long positions always equals the total amount of short positions across the market. If whales collectively hold more longs, that means other accounts are net short overall.
More than any single reading, the direction and pace of change in the ratio are usually worth watching.
The indicator may be inaccurate, so don’t skip your stop-loss: deciding what to do if you’re wrong matters more than guessing whether you’re right.