Just saw: $XRP ’s long/short ratio across all accounts is 2.53 (71.7% long / 28.3% short).
People often ask what the long/short ratio across all accounts means. Here’s how I understand it.
The same long/short ratio can mean different things for different coins: some coins stay above 1 for years, so you need to compare them with their own historical data.
When the positioning of large holders and the long/short ratio across all accounts point in different directions, it’s often seen as a sign that big money and the crowd are betting differently.
Don’t chase trades during the most volatile few minutes. Wait for the price action to play out before deciding.
Markets involve risk. Trade with caution.
People often ask what the long/short ratio across all accounts means. Here’s how I understand it.
The same long/short ratio can mean different things for different coins: some coins stay above 1 for years, so you need to compare them with their own historical data.
When the positioning of large holders and the long/short ratio across all accounts point in different directions, it’s often seen as a sign that big money and the crowd are betting differently.
Don’t chase trades during the most volatile few minutes. Wait for the price action to play out before deciding.
Markets involve risk. Trade with caution.