‼️ $MAGMA Market-wide account long/short ratio: 0.52 👀 More accounts are short
Don’t rush to jump in—first, understand the market-wide account long/short ratio 👇
A ratio above 1 means more accounts are net long; below 1 means the opposite. The long and short percentages show the share of accounts on each side.
The long/short ratio is often seen as a crowding gauge: when one side gets especially crowded, a price move against the majority can trigger a cascade of liquidations.
The same reading can mean very different things in different market conditions, so don’t apply a single rule mechanically.
The above is compiled from public information. Please verify it independently.
Don’t rush to jump in—first, understand the market-wide account long/short ratio 👇
A ratio above 1 means more accounts are net long; below 1 means the opposite. The long and short percentages show the share of accounts on each side.
The long/short ratio is often seen as a crowding gauge: when one side gets especially crowded, a price move against the majority can trigger a cascade of liquidations.
The same reading can mean very different things in different market conditions, so don’t apply a single rule mechanically.
The above is compiled from public information. Please verify it independently.