$ETH ｜Network-wide account long/short ratio 4.01｜Long 80% / Short 20%
Before looking at positions, first understand the network-wide account long/short ratio.
It’s not uncommon for the account long/short ratio to rise during a downturn. One explanation is that many small accounts tend to go long on dips.
When the positions of large traders and the network-wide account figures point in different directions, it’s often interpreted as a disagreement between big money and the broader market.
Extreme readings usually mean larger swings. At such times, it’s better to scale back your position rather than make a big bet.
#ETH
Just use this as a reference—don’t take it as gospel.
Before looking at positions, first understand the network-wide account long/short ratio.
It’s not uncommon for the account long/short ratio to rise during a downturn. One explanation is that many small accounts tend to go long on dips.
When the positions of large traders and the network-wide account figures point in different directions, it’s often interpreted as a disagreement between big money and the broader market.
Extreme readings usually mean larger swings. At such times, it’s better to scale back your position rather than make a big bet.
#ETH
Just use this as a reference—don’t take it as gospel.
