$SOL The all-exchange account long/short ratio is 2.53 (71.6% long / 28.4% short).
How is this figure calculated?
It’s not unusual for the all-exchange account long/short ratio to rise during a downturn. A common explanation is that many small accounts like to buy the dip.
When the long/short ratio and funding rate both lean in the same direction, that can signal a more concentrated position. When they point in different directions, avoid jumping to conclusions.
All indicators summarize market activity that has already happened, and the market can always move in the opposite direction.