🐋 $IDOL all-account long/short ratio: 1.4 (58.4% long / 41.6% short), up from 1.29 an hour ago.
To see which way large traders are leaning, many people look at the long/short ratio, but the two metrics are calculated differently.
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.
When positions are too concentrated, even a small price swing can trigger a cascade of liquidations, causing sharp moves up or down on the candlestick chart.
Leave room in your futures positions, and don’t let a sudden move wipe them out.