Quick update, meme-style: $SOL large traders’ long/short ratio is 2.61 (long 72.3% / short 27.7%), down from 2.64 an hour ago.
The long/short ratio is like picking sides, except the votes are weighted by position size.
A quick serious explainer: More than the figure at any given moment, the direction the large-trader long/short ratio is moving is often more telling. Whether top accounts are adding to or reducing their long positions can say more than how high or low the ratio is.
With leveraged positions, first consider whether you can handle the worst-case scenario, then think about what the signals are saying.