From a capital perspective: $ETH network-wide account long/short ratio is 3.54, down 0.23% over 24h, with 24h trading volume of $1.889 billion.
The long/short ratio should be considered alongside trading volume: if the ratio changes significantly but volume doesn’t increase, it’s probably just existing positions shifting around; if the ratio changes and volume rises, that indicates new money is betting on a direction.
The long/short ratio should be considered alongside trading volume: if the ratio changes significantly but volume doesn’t increase, it’s probably just existing positions shifting around; if the ratio changes and volume rises, that indicates new money is betting on a direction.
