๐ $BTC Large trader long/short position ratio: 1.9 (long 65.5% / short 34.5%), 1.9 one hour ago.
To see which side big money is on, many people look at the long/short ratio, but the two metrics are calculated differently.
The total volume of long and short positions across the entire market is always equal. If top accounts are net long, that means the remaining accounts are collectively more heavily short.
The same data can mean very different things in different market conditions, so don't blindly apply a rule of thumb.
#BTC
To see which side big money is on, many people look at the long/short ratio, but the two metrics are calculated differently.
The total volume of long and short positions across the entire market is always equal. If top accounts are net long, that means the remaining accounts are collectively more heavily short.
The same data can mean very different things in different market conditions, so don't blindly apply a rule of thumb.
#BTC