đ§ $NEAR Large tradersâ long/short position ratio: 2.6 (72.2% long / 27.8% short).
ăA One-Minute ExplainerăHow should you understand the long/short position ratio for large traders?
A ratio above 1 means these top accounts hold more long positions than short positions overall; below 1 means they have more short positions. The long and short percentages show the respective shares of long and short positions.
The ratio only covers futures positions; spot-market buying and selling are not included, so it should be interpreted with caution when using it to assess the entire market.
Unusually high readings often point to greater volatility. In such situations, itâs better to reduce your position rather than make a big bet.
#NEAR
ăA One-Minute ExplainerăHow should you understand the long/short position ratio for large traders?
A ratio above 1 means these top accounts hold more long positions than short positions overall; below 1 means they have more short positions. The long and short percentages show the respective shares of long and short positions.
The ratio only covers futures positions; spot-market buying and selling are not included, so it should be interpreted with caution when using it to assess the entire market.
Unusually high readings often point to greater volatility. In such situations, itâs better to reduce your position rather than make a big bet.
#NEAR