🐋 $DOOD Large-holder long/short ratio: 1.08 (long 51.9% / short 48.1%).
If you want to know how large holders are positioned, many people look at the long/short ratio—but the two calculation methods measure completely different things.
Positions held by top accounts also include hedges and arbitrage trades, so a higher number of short positions doesn't necessarily mean they're bearish.
Understanding an indicator is about being less alarmed by a single number, not using it to predict whether prices will rise or fall.
If you want to know how large holders are positioned, many people look at the long/short ratio—but the two calculation methods measure completely different things.
Positions held by top accounts also include hedges and arbitrage trades, so a higher number of short positions doesn't necessarily mean they're bearish.
Understanding an indicator is about being less alarmed by a single number, not using it to predict whether prices will rise or fall.