$XRP ｜Platform-wide account long/short ratio: 2.97｜Long 74.8% / Short 25.2%
How should you interpret the platform-wide account long/short ratio? In this ratio, accounts with very small positions and those with very large positions each count as one, so it more closely reflects retail traders’ sentiment.
The long/short ratio only tracks contract positions; spot-market buy and sell orders are not included. So it should be treated with caution when used to infer the direction of the overall market.
All data describes past trends, and prices can move in the opposite direction at any time.
How should you interpret the platform-wide account long/short ratio? In this ratio, accounts with very small positions and those with very large positions each count as one, so it more closely reflects retail traders’ sentiment.
The long/short ratio only tracks contract positions; spot-market buy and sell orders are not included. So it should be treated with caution when used to infer the direction of the overall market.
All data describes past trends, and prices can move in the opposite direction at any time.