BTC Perpetual Future Long-Short Ratio Across Major Exchanges Remains Balanced
CryptoNewsTerminal Staff05 Sep, 2024
BTC Perpetual Future Long-Short Ratio Across Major Exchanges Remains Balanced
The long-short ratio of BTC perpetual futures on the world's top three exchanges has remained relatively balanced over the past 24 hours, according to data from [insert relevant crypto analysis platform]. Binance On Binance, the largest cryptocurrency exchange by trading volume, the long-short ratio currently stands at 50.79% long to 49.21% short. This indicates a slightly bullish sentiment among traders on the platform, as the majority of open interest is in long positions. OKX OKX, the second-largest cryptocurrency exchange by trading volume, has a similar long-short ratio to Binance. Currently, 50.69% of open interest is in long positions, while 49.31% is in short positions. dYdX dYdX, a decentralized derivatives exchange, also has a balanced long-short ratio. Currently, 50.61% of open interest is in long positions, while 49.39% is in short positions.
