$MAGMA The all-platform account long/short ratio is 0.47 (long 31.9% / short 68.1%), compared with 0.48 an hour ago.
Let's use this data to talk about the all-platform account long/short ratio.
The account long/short ratio shows how many people are betting on each side, not which side has larger positions. The two often don't line up.
When the long/short ratio and funding rate both lean the same way, signs of crowding become more apparent. When they point in different directions, don't rush to draw conclusions.
The same reading can mean very different things in different market conditions, so don't blindly apply a rule of thumb from a single data point.