From a positioning perspective: $HYPE has a large-trader long/short position ratio of 2.57, up 4.04% over 24h, with a 24h trading volume of $39.35 million.
The long/short ratio should be considered alongside trading volume: if the ratio changes but volume doesn’t increase, it’s probably just existing positions changing hands; if the ratio changes as volume surges, that suggests new money is taking a side.
The long/short ratio should be considered alongside trading volume: if the ratio changes but volume doesn’t increase, it’s probably just existing positions changing hands; if the ratio changes as volume surges, that suggests new money is taking a side.
