đ $ETH Platform-wide account long/short ratio: 3.81 (79.2% long / 20.8% short).
ăQuick explainerăWhat does the platform-wide account long/short ratio mean?
The platform-wide account long/short ratio is often treated as an indicator of what big-money players are doing. However, even large investors can get it wrong, and they may simply be hedging the coins they hold with futures contracts.
Some people also use the account long/short ratio as a contrarian indicator, but thatâs just an experiential interpretation, and it often fails.
Donât change your original strategy based on a single indicator, and donât gamble with borrowed money on one reading.
ăQuick explainerăWhat does the platform-wide account long/short ratio mean?
The platform-wide account long/short ratio is often treated as an indicator of what big-money players are doing. However, even large investors can get it wrong, and they may simply be hedging the coins they hold with futures contracts.
Some people also use the account long/short ratio as a contrarian indicator, but thatâs just an experiential interpretation, and it often fails.
Donât change your original strategy based on a single indicator, and donât gamble with borrowed money on one reading.
