Top 3 Futures Exchanges BTC Perpetual Futures Long & Short Ratio Analysis

IconCryptoNewsTerminal Staff04 Aug, 2024

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Top 3 Futures Exchanges BTC Perpetual Futures Long & Short Ratio Analysis

The long/short ratio is a metric that measures the relative strength of the longs (buyers) and shorts (sellers) in a futures market. It is calculated by dividing the total number of long contracts by the total number of short contracts. A high long/short ratio indicates that there is a large number of buyers relative to sellers, which suggests that the market is bullish. Conversely, a low long/short ratio indicates that there is a large number of sellers relative to buyers, which suggests that the market is bearish. The following table shows the top 3 futures exchanges by BTC perpetual futures long/short ratio: | Exchange | Long/Short Ratio | |---|---| | Binance | 1.23 | | Huobi | 1.18 | | OKEx | 1.15 | As can be seen from the table, Binance has the highest long/short ratio, which suggests that the market is bullish on Binance. Huobi and OKEx have lower long/short ratios, which suggests that the market is more balanced on these exchanges. It is important to note that the long/short ratio is just one metric that can be used to analyze the futures market. It is important to consider other factors, such as the price of BTC, the volume of trading, and the open interest, before making any trading decisions.