ALL
BTC
ETH
SOL
XRP
BNB
DOGE
HYPE
OM
ENA
ADA
SUI
LTC
BGB
LINK
1000PEPE
BCH
ONDO
1000BONK
TRUMP
DOT
TRX
FARTCOIN
AVAX
HBAR
PEPE
AAVE
1000CHEEMS
LAYER
TON
PI
TAO
WLD
TST
APT
FIL
UNI
TSTBSC
KAS
WIF
NEAR
TIA
RENDER
1000SHIB
GRASS
ALCH
FORM
CRV
FET
EOS
VET
ATOM
POPCAT
SEI
XLM
SOLAYER
LUCE
BERA
MOVE
INJ
MKR
KAVA
LDO
AERGO
ETC
ARB
PENDLE
PNUT
JUP
HMSTR
USUAL
NEO
OP
1000SATS
ORDI
ACT
S
HEI
IP
BTCDOM
POL
ZRO
GAS
MUBARAK
FUN
UXLINK
KAITO
SHIB1000
ALGO
SAND
NIL
SHIB
CAKE
GALA
AI16Z
MASK
STRK
DF
QUICK
CRO
NEIRO
DEXE
DOG
AUCTION
MNT
TUT
DYDX
GUN
PENGU
MANA
TRB
ICP
1000RATS
PLUME
GOAT
RUNE
COMP
PARTI
EIGEN
ZEC
RARE
VANA
HIPPO
W
IOTX
AR
PAXG
BROCCOLIF3B
ZK
BIGTIME
SWARMS
VINE
BGSC
ETHFI
APE
MELANIA
ENS
WAL
PYTH
GRT
VIDT
STX
BRETT
ATH
1000FLOKI
VIRTUAL
NOT
JTO
IO
RSR
AXS
EGLD
SPX
RED
BANANAS31
TROY
API3
NEIROETH
ARKM
LPT
SATS
ZKJ
ARK
CATI
REZ
CHZ
ZEREBRO
CFX
ARC
THETA
SHELL
IMX
IOTA
FLOKI
RAY
JASMY
PEOPLE
EPIC
ORCA
CORE
BOME
FORTH
GMT
SNX
XTZ
AIXBT
1000LUNC
XMR
ZEN
SAGA
FLOW
JELLYJELLY
ZETA
BANANA
EDU
SCR
SOLV
X
DEGO
DYM
SUSHI
GMX
TURBO
BSV
USDC
DRIFT
SFP
RAYSOL
BROCCOLI714
MAVIA
MOCA
GRIFFAIN
GPS
BLUR
MEW
THE
CKB
QTUM
ETHBTC
VVV
YFI
TWT
ACH
SERAPH
NEIROCTO
COW
MEME
BROCCOLI
BIO
DOGS
SONIC
XAUT
10000SATS
CHILLGUY
KOMA
PROM
BEL
DEEP
1MBABYDOGE
BONK
ME
LUNC
MOODENG
AERO
BMT
CELO
QNT
MINA
STEEM
GLM
ANIME
BR
AI
ZRX
AXL
1000X
DASH
1INCH
BAKE
ASTR
MYRO
BEAM
ZIL
COOKIE
STPT
ROSE
COTI
AGLD
LISTA
SAFE
STORJ
ONE
SSV
KSM
CVX
BAN
1MCHEEMS
HIFI
CTSI
ANKR
BABY
MORPHO
BAL
AEVO
MANTA
BAT
AVA
VTHO
YGG
AGI
ALICE
WOO
1000000MOG
SUNDOG
ID
BEAMX
JAILSTOOL
METIS
ALT
XAI
KAIA
TNSR
GTC
SXP
DENT
HOT
ENJ
KDA
ACX
ELX
SYS
BB
SUPER
LUMIA
MLN
SPELL
AKT
POLYX
HIVE
1000NEIROCTO
BLAST
STO
ROAM
C98
ONG
LQTY
RONIN
SIREN
PEAQ
LRC
1000CAT
TAIKO
FLR
CVC
UMA
BADGER
OL
TRU
STG
SKL
XCN
RVN
ONT
PUMP
CARV
IOST
FXS
CHR
LUNA2
USTC
KNC
AVAAI
HIGH
CYBER
T
POWR
PIXEL
NULS
PERP
FLM
FIDA
HNT
L3
CTC
AI
RLC
NMR
DGB
CETUS
1000WHY
OGN
CELR
1000000CHEEMS
SNT
J
JOE
BAND
MAGIC
NFP
HOOK
PORTAL
RIF
ATA
RAYDIUM
PUFFER
COIN50
MTL
DUSK
XVG
XDC
HFT
QKC
B3
PHA
MAV
PIPPIN
MEMEFI
RDNT
BUZZ
XVS
ALPHA
TOKEN
ARPA
MERL
XION
10000LADYS
NKN
OMNI
GNO
LOOKS
DUCK
ACE
DEGEN
VOXEL
NTRN
OXT
CGPT
LSK
1000000BABYDOGE
ICX
CHESS
MOVR
OIK
VANRY
LUNA
ALPACA
ILV
SUN
KMNO
SC
RPL
BNT
PHB
PONKE
BICO
BSW
SWELL
SYN
LEVER
PYR
WAXP
SANTOS
G
1000XEC
FWOG
A8
D
FIO
TLM
10000WHY
1000BTT
TOSHI
PRIME
NC
1000TOSHI
BID
ETHW
XCH
DEFI
WAVES
AMP
SWEAT
JST
GHST
FUEL
MBOX
ORDER
1000TURBO
COS
FLUX
ORBS
VELO
DBR
VIC
VELODROME
DIA
AVL
KILO
SLP
PRCL
AVAIL
SCRT
ALEO
REI
10000WEN
TAI
AIOZ
MAJOR
FTN
DODOX
OMNI1
10000ELON
GIGA
AIDOGE
CTK
ULTI
OBT
LOKA
SLF
SLERF
GBP
RSS3
AUDIO
RAD
CAT
REQ
HPOS10I
RON
SPEC
CSPR
FLOCK
MBL
PROS
FOXY
CPOOL
OG
NS
VRA
MASA
F
MVL
DODO
NAVX
ZENT
CLOUD
FB
SOLO
SCA
GOMINING
SEND
GLMR
GODS
1000APU
10000COQ
BOBA
1000MUMU
OMG
MDT
MYRIA
OSMO
1000000PEIPEI
MICHI
COOK
SD
MAX
NFT
10000QUBIC
EUR
REX
MANEKI
QI
MOBILE
ALU
1000CATS
10000000AIDOGE
IDEX
ZRC
RATS
DATA
FTT
TRUMPOFFICIAL
SHIB
GME
BTT
BTCDVOL
BABYDOGE
FTM
MOG
WIN
JPY
EURC
LADYS
BMEX
TRY
FAI
BLZ
BASKET
USDT
XRD
PI
VELO
APU
LINA
MATIC
WELL
EDGE
ALL
ALL
Bitcoin
BTC
Ethereum
ETH
Solana
SOL
XRP
XRP
BNB
BNB
Dogecoin
DOGE
Hyperliquid
HYPE
MANTRA
OM
Ethena
ENA
Cardano
ADA
Sui
SUI
Litecoin
LTC
Bitget Token
BGB
Chainlink
LINK
1000PEPE
1000PEPE
Bitcoin Cash
BCH
Ondo
ONDO
1000BONK
1000BONK
OFFICIAL TRUMP
TRUMP
Polkadot
DOT
TRON
TRX
Fartcoin
FARTCOIN
Avalanche
AVAX
Hedera
HBAR
Pepe
PEPE
Aave
AAVE
1000CHEEMS
1000CHEEMS
Solayer
LAYER
Toncoin
TON
Pi
PI
Bittensor
TAO
Worldcoin
WLD
Test
TST
Aptos
APT
Filecoin
FIL
Uniswap
UNI
TSTBSC
TSTBSC
Kaspa
KAS
dogwifhat
WIF
NEAR Protocol
NEAR
Celestia
TIA
Render
RENDER
1000SHIB
1000SHIB
Grass
GRASS
Alchemist AI
ALCH
Four
FORM
Curve DAO Token
CRV
Artificial Superintelligence Alliance
FET
EOS
EOS
VeChain
VET
Cosmos
ATOM
Popcat (SOL)
POPCAT
Sei
SEI
Stellar
XLM
SOLAYER
SOLAYER
LUCE
LUCE
Berachain
BERA
Movement
MOVE
Injective
INJ
Maker
MKR
Kava
KAVA
Lido DAO
LDO
Aergo
AERGO
Ethereum Classic
ETC
Arbitrum
ARB
Pendle
PENDLE
Peanut the Squirrel
PNUT
Jupiter
JUP
Hamster Kombat
HMSTR
Usual
USUAL
Neo
NEO
Optimism
OP
1000SATS
1000SATS
ORDI
ORDI
Act I : The AI Prophecy
ACT
Sonic (prev. FTM)
S
Heima
HEI
Story
IP
BTCDOM
BTCDOM
POL (prev. MATIC)
POL
LayerZero
ZRO
Gas
GAS
Mubarak
MUBARAK
FUNToken
FUN
UXLINK
UXLINK
KAITO
KAITO
SHIB1000
SHIB1000
Algorand
ALGO
The Sandbox
SAND
Nillion
NIL
Shiba Inu
SHIB
PancakeSwap
CAKE
Gala
GALA
ai16z
AI16Z
Mask Network
MASK
Starknet
STRK
dForce
DF
Quickswap [New]
QUICK
Cronos
CRO
Neiro (First Neiro On Ethereum)
NEIRO
DeXe
DEXE
Dog (Bitcoin)
DOG
Bounce Token
AUCTION
Mantle
MNT
Tutorial
TUT
dYdX
DYDX
GUNZ
GUN
Pudgy Penguins
PENGU
Decentraland
MANA
Tellor
TRB
Internet Computer
ICP
1000RATS
1000RATS
Plume
PLUME
Goatseus Maximus
GOAT
THORChain
RUNE
Compound
COMP
Particle Network
PARTI
EigenLayer
EIGEN
Zcash
ZEC
SuperRare
RARE
Vana
VANA
sudeng
HIPPO
Wormhole
W
IoTeX
IOTX
Arweave
AR
PAX Gold
PAXG
BROCCOLIF3B
BROCCOLIF3B
ZKsync
ZK
Big Time
BIGTIME
Swarms
SWARMS
Vine Coin
VINE
BugsCoin
BGSC
ether.fi
ETHFI
ApeCoin
APE
Official Melania Meme
MELANIA
Ethereum Name Service
ENS
Walrus
WAL
Pyth Network
PYTH
The Graph
GRT
VIDT DAO
VIDT
Stacks
STX
Brett (Based)
BRETT
Aethir
ATH
1000FLOKI
1000FLOKI
Virtuals Protocol
VIRTUAL
Notcoin
NOT
Jito
JTO
io.net
IO
Reserve Rights
RSR
Axie Infinity
AXS
MultiversX
EGLD
SPX6900
SPX
RedStone
RED
Banana For Scale
BANANAS31
TROY
TROY
API3
API3
NEIROETH
NEIROETH
Arkham
ARKM
Livepeer
LPT
SATS (Ordinals)
SATS
Polyhedra Network
ZKJ
Ark
ARK
Catizen
CATI
Renzo
REZ
Chiliz
CHZ
Zerebro
ZEREBRO
Conflux
CFX
Arcadeum
ARC
Theta Network
THETA
MyShell
SHELL
Immutable
IMX
IOTA
IOTA
FLOKI
FLOKI
Raydium
RAY
JasmyCoin
JASMY
ConstitutionDAO
PEOPLE
Epic Chain
EPIC
Orca
ORCA
Core
CORE
BOOK OF MEME
BOME
Ampleforth Governance Token
FORTH
GMT
GMT
Synthetix
SNX
Tezos
XTZ
aixbt
AIXBT
1000LUNC
1000LUNC
Monero
XMR
Horizen
ZEN
Saga
SAGA
Flow
FLOW
Jelly-My-Jelly
JELLYJELLY
ZetaChain
ZETA
Banana Gun
BANANA
Open Campus
EDU
Scroll
SCR
Solv Protocol
SOLV
X Empire
X
Dego Finance
DEGO
Dymension
DYM
SushiSwap
SUSHI
GMX
GMX
Turbo
TURBO
Bitcoin SV
BSV
USDC
USDC
Drift
DRIFT
SafePal
SFP
RAYSOL
RAYSOL
BROCCOLI714
BROCCOLI714
Heroes of Mavia
MAVIA
Moca Network
MOCA
GRIFFAIN
GRIFFAIN
GoPlus Security
GPS
Blur
BLUR
cat in a dogs world
MEW
THENA
THE
Nervos Network
CKB
Qtum
QTUM
ETHBTC
ETHBTC
Venice Token
VVV
yearn.finance
YFI
Trust Wallet Token
TWT
Alchemy Pay
ACH
Seraph
SERAPH
NEIROCTO
NEIROCTO
CoW Protocol
COW
Memecoin
MEME
CZ'S Dog
BROCCOLI
Bio Protocol
BIO
DOGS
DOGS
Sonic SVM
SONIC
Tether Gold
XAUT
10000SATS
10000SATS
Just a chill guy
CHILLGUY
Koma Inu
KOMA
Prom
PROM
Bella Protocol
BEL
DeepBook Protocol
DEEP
1MBABYDOGE
1MBABYDOGE
Bonk
BONK
Magic Eden
ME
Terra Classic
LUNC
Moo Deng (moodengsol.com)
MOODENG
Aerodrome Finance
AERO
Bubblemaps
BMT
Celo
CELO
Quant
QNT
Mina
MINA
Steem
STEEM
Golem
GLM
Animecoin
ANIME
Bedrock
BR
$AI
AI
0x Protocol
ZRX
Axelar
AXL
1000x by Virtuals
1000X
Dash
DASH
1inch Network
1INCH
BakeryToken
BAKE
Astar
ASTR
Myro
MYRO
Beam
BEAM
Zilliqa
ZIL
Cookie DAO
COOKIE
STP
STPT
Oasis
ROSE
COTI
COTI
Adventure Gold
AGLD
Lista DAO
LISTA
Safe
SAFE
Storj
STORJ
Harmony
ONE
ssv.network
SSV
Kusama
KSM
Convex Finance
CVX
Comedian
BAN
1MCHEEMS
1MCHEEMS
Hifi Finance
HIFI
Cartesi
CTSI
Ankr
ANKR
Babylon (IOU)
BABY
Morpho
MORPHO
Balancer
BAL
Aevo
AEVO
Manta Network
MANTA
Basic Attention Token
BAT
AVA (Travala)
AVA
VeThor Token
VTHO
Yield Guild Games
YGG
Delysium
AGI
MyNeighborAlice
ALICE
WOO
WOO
1000000MOG
1000000MOG
SUNDOG
SUNDOG
SPACE ID
ID
BEAMX
BEAMX
Stool Prisondente
JAILSTOOL
Metis
METIS
Altlayer
ALT
Xai
XAI
Kaia
KAIA
Tensor
TNSR
Gitcoin
GTC
Solar
SXP
Dent
DENT
Holo
HOT
Enjin Coin
ENJ
Kadena
KDA
Across Protocol
ACX
Elixir
ELX
Syscoin
SYS
BounceBit
BB
SuperVerse
SUPER
Lumia
LUMIA
Enzyme
MLN
Spell Token
SPELL
Akash Network
AKT
Polymesh
POLYX
Hive
HIVE
1000NEIROCTO
1000NEIROCTO
Blast
BLAST
StakeStone
STO
Roam
ROAM
Coin98
C98
Ontology Gas
ONG
Liquity
LQTY
RONIN
RONIN
siren
SIREN
peaq
PEAQ
Loopring
LRC
1000CAT
1000CAT
Taiko
TAIKO
Flare
FLR
Civic
CVC
UMA
UMA
Badger DAO
BADGER
Open Loot
OL
TrueFi
TRU
Stargate Finance
STG
SKALE
SKL
Onyxcoin
XCN
Ravencoin
RVN
Ontology
ONT
PumpBTC (Governance token)
PUMP
CARV
CARV
IOST
IOST
Frax Share
FXS
Chromia
CHR
LUNA2
LUNA2
Terra Classic USD (Wormhole)
USTC
Kyber Network Crystal v2
KNC
AVA AI
AVAAI
Highstreet
HIGH
Cyber
CYBER
Threshold
T
Powerledger
POWR
Pixels
PIXEL
NULS
NULS
Perpetual Protocol
PERP
Flamingo
FLM
Solana Name Service
FIDA
Helium
HNT
Layer3
L3
Creditcoin
CTC
Sleepless AI
AI
iExec RLC
RLC
Numeraire
NMR
DigiByte
DGB
Cetus Protocol
CETUS
1000WHY
1000WHY
Origin Protocol
OGN
Celer Network
CELR
1000000CHEEMS
1000000CHEEMS
Status
SNT
Jambo
J
JOE
JOE
Band Protocol
BAND
Treasure
MAGIC
NFPrompt
NFP
Hooked Protocol
HOOK
Portal
PORTAL
Rootstock Infrastructure Framework
RIF
Automata Network
ATA
RAYDIUM
RAYDIUM
Puffer
PUFFER
COIN50
COIN50
Metal DAO
MTL
Dusk
DUSK
Verge
XVG
XDC Network
XDC
Hashflow
HFT
QuarkChain
QKC
B3 (Base)
B3
Phala Network
PHA
Massive Protocol
MAV
pippin
PIPPIN
MemeFi
MEMEFI
Radiant Capital
RDNT
Hive AI
BUZZ
Venus
XVS
Stella
ALPHA
TokenFi
TOKEN
ARPA
ARPA
Merlin Chain
MERL
XION
XION
10000LADYS
10000LADYS
NKN
NKN
Omni Network
OMNI
Gnosis
GNO
LooksRare
LOOKS
DuckChain
DUCK
Fusionist
ACE
Degen
DEGEN
Voxies
VOXEL
Neutron
NTRN
Orchid
OXT
ChainGPT
CGPT
Lisk
LSK
1000000BABYDOGE
1000000BABYDOGE
ICON
ICX
ChessCoin
CHESS
Moonriver
MOVR
Space Nation
OIK
Vanar Chain
VANRY
Terra
LUNA
Alpaca Finance
ALPACA
Illuvium
ILV
Sun [New]
SUN
Kamino Finance
KMNO
Siacoin
SC
Rocket Pool
RPL
Bancor
BNT
Phoenix
PHB
Ponke
PONKE
Biconomy
BICO
Biswap
BSW
Swell Network
SWELL
Synapse
SYN
LeverFi
LEVER
Vulcan Forged (PYR)
PYR
WAX
WAXP
Santos FC Fan Token
SANTOS
Gravity
G
1000XEC
1000XEC
Fwog (SOL)
FWOG
Ancient8
A8
DAR Open Network
D
FIO Protocol
FIO
Alien Worlds
TLM
10000WHY
10000WHY
1000BTT
1000BTT
Toshi
TOSHI
Echelon Prime
PRIME
Nodecoin
NC
1000TOSHI
1000TOSHI
CreatorBid
BID
EthereumPoW
ETHW
Chia
XCH
DeFi
DEFI
Waves
WAVES
Amp
AMP
Sweat Economy
SWEAT
JUST
JST
Aavegotchi
GHST
Fuel Network
FUEL
MOBOX
MBOX
Orderly Network
ORDER
1000TURBO
1000TURBO
Contentos
COS
Flux
FLUX
Orbs
ORBS
Velo
VELO
deBridge
DBR
Viction
VIC
VELODROME
VELODROME
DIA
DIA
Avalon Labs (AVL)
AVL
KiloEx
KILO
Smooth Love Potion
SLP
Parcl
PRCL
Avail
AVAIL
Secret
SCRT
Aleo
ALEO
REI Network
REI
10000WEN
10000WEN
TARS AI
TAI
AIOZ Network
AIOZ
Major
MAJOR
Fasttoken
FTN
DODOX
DODOX
OMNI1
OMNI1
10000ELON
10000ELON
Gigachad
GIGA
ArbDoge AI
AIDOGE
Shentu
CTK
Ultiverse
ULTI
Orbiter Finance
OBT
League of Kingdoms Arena
LOKA
Self Chain
SLF
SLERF
SLERF
GBP
GBP
RSS3
RSS3
Audius
AUDIO
Radworks
RAD
Simon's Cat
CAT
Request
REQ
HPOS10I
HPOS10I
Ronin
RON
Spectral
SPEC
Casper
CSPR
FLock.io
FLOCK
MovieBloc
MBL
Prosper
PROS
Foxy
FOXY
Clearpool
CPOOL
OG Fan Token
OG
Sui Name Service
NS
Verasity
VRA
Masa
MASA
SynFutures
F
MVL
MVL
DODO
DODO
NAVI Protocol
NAVX
Zentry
ZENT
Cloud
CLOUD
Fractal Bitcoin
FB
Sologenic
SOLO
Scallop
SCA
GoМining
GOMINING
Suilend
SEND
Moonbeam
GLMR
Gods Unchained
GODS
1000APU
1000APU
10000COQ
10000COQ
Boba Network
BOBA
1000MUMU
1000MUMU
OMG Network
OMG
Measurable Data Token
MDT
Myria
MYRIA
Osmosis
OSMO
1000000PEIPEI
1000000PEIPEI
Michi
MICHI
Cook Finance
COOK
Stader
SD
Matr1x
MAX
APENFT
NFT
10000QUBIC
10000QUBIC
EUR
EUR
REVOX
REX
MANEKI
MANEKI
BENQI
QI
Helium Mobile
MOBILE
Altura
ALU
1000CATS
1000CATS
10000000AIDOGE
10000000AIDOGE
IDEX
IDEX
Zircuit
ZRC
rats (Ordinals)
RATS
Streamr
DATA
FTX Token
FTT
TRUMPOFFICIAL
TRUMPOFFICIAL
Shibwifhat
SHIB
GmeStop
GME
BitTorrent [New]
BTT
BTCDVOL
BTCDVOL
Baby Doge Coin
BABYDOGE
FTM
FTM
MOG CAT
MOG
WINkLink
WIN
JPY
JPY
EURC
EURC
Milady Meme Coin
LADYS
BitMEX Token
BMEX
TRY
TRY
Freysa
FAI
Bluzelle
BLZ
BASKET
BASKET
Tether USDt
USDT
Radix
XRD
Pi [IOU]
PI
Velodrome Finance
VELO
Apu Apustaja
APU
Linear Finance
LINA
Polygon
MATIC
Moonwell
WELL
EDGE
EDGE

암호화폐 선물 롱/숏 비율 (탑 트레이더 포지션 & 탑 트레이더 계정 & 모든 트레이더 계정)

화폐
탑 트레이더 롱/숏 (보유 포지션)탑 트레이더 롱/숏 (보유자 계정)모든 트레이더 롱/숏 (보유자 계정)

Long/Short Overview

1. Top Traders Long/Short Ratio by Position

  • Indicator Definition: This indicator measures the ratio of the total value or quantity of long positions held by large holders ("whales") to the total value or quantity of their short positions. It focuses on the actual open interest of large accounts in contracts.

It's important to note that different exchanges may have varying definitions of what constitutes a "large holder," and their calculations for the long/short ratio may also differ.

  • Binance: The proportion of net long and net short positions to total open positions of the top 20% users with the highest margin balance.

    Long Position % = Long positions of top traders / Total open positions of top traders

    Short Position % = Short positions of top traders / Total open positions of top traders

    Long/Short Ratio (Positions) = Long Position % / Short Position %

  • Okx: The position long/short ratio of a contract for top traders. Top traders refer to the top 5% of traders with the largest open position value.

    Long Position % = Long positions of top traders / Total open positions of top traders

    Short Position % = Short positions of top traders / Total open positions of top traders

    Long/Short Ratio (Positions) = Long Position % / Short Position %

  • Indicator Interpretation:

  • High Long/Short Ratio (Long Position Dominance): Indicates that the primary capital forces in the market are inclined to be bullish. However, it's also necessary to pay attention to the specific location of these long positions (e.g., whether they are concentrated around key resistance levels) and the overall market environment. An extremely high ratio may also foreshadow a sharp correction once these highly leveraged long positions decide to take profit.

  • Low Long/Short Ratio (Short Position Dominance): Conversely, a low ratio implies that large capital anticipates a price decline, which can exert significant downward pressure on the price. Similarly, an extremely low ratio can sometimes lead to a short squeeze if the market unexpectedly rises.

  • Ratio Trend Analysis: An increasing ratio may indicate that large holders are increasing their long positions, signaling growing confidence in the market. Conversely, a decreasing ratio may suggest that large holders are increasing their short positions or closing long positions, indicating weakening confidence in the market.

2. Top Traders Long/Short Ratio by Account Number

  • Indicator Definition: This indicator focuses on the ratio of the number of large holder accounts with predominantly long positions to the number of large holder accounts with predominantly short positions. It reflects the breadth of bullish or bearish sentiment among the large trader community.

It's important to note that different exchanges may have varying definitions of what constitutes a "large holder," and their calculations for the long/short ratio may also differ.

  • Binance: The proportion of net long and net short accounts to total accounts of the top 20% users with the highest margin balance. Each account is counted once only.

    Long Account % = Accounts of top traders with net long positions / Total accounts of top traders with open positions

    Short Account % = Accounts of top traders with net short positions / Total accounts of top traders with open positions

    Long/Short Ratio (Accounts) = Long Account % / Short Account %

  • Okx:  The account net long/short ratio of a contract for top traders. Top traders refer to the top 5% of traders with the largest open position value.

    Long Account % = Accounts of top traders with net long positions / Total accounts of top traders with open positions

    Short Account % = Accounts of top traders with net short positions / Total accounts of top traders with open positions

    Long/Short Ratio (Accounts) = Long Account % / Short Account %

  • Indicator Interpretation:

  • High Long/Short Ratio (More Bullish Accounts): A greater number of accounts favoring long positions indicates broader bullish sentiment.

  • Low Long/Short Ratio (More Bearish Accounts): Conversely, a greater number of accounts favoring short positions reflects more widespread bearish sentiment. This can increase the likelihood of a potential decline.

  • Consistency Signal: When both ratios move in the same direction (both high or both low), it is usually a stronger signal, indicating more consistent market sentiment among large traders.

3. Market Significance of Long/Short Ratios

Long/short ratios provide us with important information about the overall sentiment of the market's major participants. Large holders typically possess significant capital and informational advantages, and their position movements often have a significant impact on market prices. It is crucial to pay attention to the convergence and divergence between the large holder long/short ratio by position and the large holder long/short ratio by account number. Additionally, it's important to note that some large holders and institutions may use contracts as a hedging tool to offset their spot market positions. Therefore, while referencing these indicators, it's also necessary to combine them with other indicators and exercise your own reasonable judgment.