BTC Perpetual Futures Long/Short Ratio: Market Neutral
CryptoNewsTerminal Staff21 May, 2024
BTC Perpetual Futures Long/Short Ratio: Market Neutral
The long/short ratio of BTC perpetual futures on the three major crypto futures exchanges over the last 24 hours, based on open interest, is as follows: All exchanges: Long 51.45% / Short 48.55% Binance: Long 51.33% / Short 48.67% OKX: Long 52.28% / Short 47.72% dYdX: Long 52.66% / Short 47.34% This indicates that the market is relatively neutral, with a slight bias towards longs. This is likely due to the recent positive price action of BTC, which has seen it rise by over 10% in the past week. However, it is important to note that the market can change quickly, and traders should always be aware of the risks involved.
