Bitcoin Perpetual Futures Long/Short Ratio in Major Exchanges
CryptoNewsTerminal Staff20 May, 2024
Bitcoin Perpetual Futures Long/Short Ratio in Major Exchanges
The ratio of long to short positions on BTC perpetual futures contracts in the last 24 hours on the world's three largest cryptocurrency futures exchanges based on open interest are as follows: - Total exchanges: long 49.52% / short 50.48% - Binance: long 49.48% / short 50.52% - OKX: long 49.76% / short 50.24% - dYdX: long 50.03% / short 49.97% This data suggests that there is a slightly higher proportion of short positions in the market, indicating that traders are betting on the price of BTC to fall. However, it is important to note that this is just a snapshot in time and the ratio can change rapidly.
