BTC Perpetual Futures Traders Close to Balanced: Overview of Long/Short Ratio
Crypto News Terminal24 Apr, 2024
BTC Perpetual Futures Traders Close to Balanced: Overview of Long/Short Ratio
## BTC Perpetual Futures Long/Short Ratio on Major Exchanges The latest data on the long/short ratio of BTC perpetual futures on the world's three major cryptocurrency futures exchanges shows that traders are currently close to a balanced position. ### Exchange-Wise Breakdown - **All Exchanges:** Long 50.14% / Short 49.86% - **Binance:** Long 49.46% / Short 50.54% - **OKX:** Long 50.16% / Short 49.84% - **dYdX:** Long 44.29% / Short 55.71% ### Observations The ratio indicates that a slightly majority of traders are holding long positions, suggesting a positive sentiment towards Bitcoin's price prospects. However, the gap between long and short positions is narrow, indicating that the market is not heavily biased in either direction. ## Previous Related News - April 24, 2024: BTC perpetual futures traders remain cautious as long/short ratio stays balanced. - March 23, 2024: BTC perpetual futures market shows signs of increased bullishness as long/short ratio shifts towards long positions. ---
