Came across this during my lunch break: $XRP Large holders' long/short position ratio: 1.87 (long 65.2% / short 34.8%), compared with 2.05 an hour ago.
The long/short ratio is like a vote, except votes are weighted by position size.
Seriously though, the long/short position ratio of large holders is often seen as an indicator of what big money is doing. But large holders can be wrong too, and they may simply be using futures to hedge the coins they hold.
Keep enough margin for your futures positions—don't let a single wick knock you out of your trade.
#XRP
The long/short ratio is like a vote, except votes are weighted by position size.
Seriously though, the long/short position ratio of large holders is often seen as an indicator of what big money is doing. But large holders can be wrong too, and they may simply be using futures to hedge the coins they hold.
Keep enough margin for your futures positions—don't let a single wick knock you out of your trade.
#XRP