$TIA surged, but accounts are still predominantly short.
Binance data as of 23:33 (Beijing time): $TIA spot price around 0.440 USDT, +5.42% over 24h; during the same period, $BTC was around 75,502, down 1.42%. TIA rebounded from an intraday low of 0.338 to around 0.440, a gain of about 30%, just 2% below its high of 0.449.
Derivatives: the global long/short account ratio is around 0.86, with short accounts making up about 53.8% and long accounts about 46.2%. The top trader account long/short ratio is around 1.19, while the top trader positions long/short ratio is around 2.08. Open interest in perpetual contracts edged up about 1.6% over the past 24 hours, with notional value up about 2.6%. The taker buy/sell ratio over the past hour is around 1.07, and the funding rate is around 0.005%.
As prices strengthened, regular accounts remained tilted short, while large traders' positions leaned long. This rebound looks more like short accounts failing to keep up, rather than a broad-based move into longs.
Data from Binance spot ticker and public derivatives APIs. Not investment advice.
$TIA $BTC
Binance data as of 23:33 (Beijing time): $TIA spot price around 0.440 USDT, +5.42% over 24h; during the same period, $BTC was around 75,502, down 1.42%. TIA rebounded from an intraday low of 0.338 to around 0.440, a gain of about 30%, just 2% below its high of 0.449.
Derivatives: the global long/short account ratio is around 0.86, with short accounts making up about 53.8% and long accounts about 46.2%. The top trader account long/short ratio is around 1.19, while the top trader positions long/short ratio is around 2.08. Open interest in perpetual contracts edged up about 1.6% over the past 24 hours, with notional value up about 2.6%. The taker buy/sell ratio over the past hour is around 1.07, and the funding rate is around 0.005%.
As prices strengthened, regular accounts remained tilted short, while large traders' positions leaned long. This rebound looks more like short accounts failing to keep up, rather than a broad-based move into longs.
Data from Binance spot ticker and public derivatives APIs. Not investment advice.
$TIA $BTC