BTC Long-Short Positions on Major Futures Exchanges: A Look at Unsettled Commitments

IconCryptoNewsTerminal Staff23 May, 2024

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BTC Long-Short Positions on Major Futures Exchanges: A Look at Unsettled Commitments

The long-short ratio of BTC perpetual futures provides insights into the market sentiment and positioning of traders on major futures exchanges. Here's a snapshot of the long/short position ratio of BTC perpetual futures in the last 24 hours within the top 3 crypto futures exchanges in the world: Overall Exchanges: Long: 49.67% Short: 50.33% 1. Binance: Long: 49.32% Short: 50.68% 2. OKX: Long: 50.6% Short: 49.4% 3. dYdX: Long: 48.47% Short: 51.53% These ratios indicate that the market is slightly skewed towards short positions, suggesting that traders are currently more bearish on the short-term price of Bitcoin. However, it's important to note that this sentiment can change rapidly, and traders should always conduct their own research before making any trading decisions.

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