Ratio of Open Interest in BTC Perpetual Futures on Major Exchanges
CryptoNewsTerminal Staff10 Aug, 2024
Ratio of Open Interest in BTC Perpetual Futures on Major Exchanges
Long-short ratio of BTC perpetual futures indicates the market sentiment and positioning of traders on major futures exchanges. Here's a breakdown of the current ratio across top exchanges: Overall: Long: 49.47% Short: 50.53% Exchange-Specific Ratios: Binance: Long: 50.27% Short: 49.73% OKX: Long: 49.07% Short: 50.93% dYdX: Long: 44.75% * Short: 55.25% These ratios reveal a slight bearish sentiment among traders, with a majority holding short positions. However, the overall market remains relatively balanced, indicating potential volatility and uncertainty in the near term.
