Long / Short Ratio
The ratio of long-positioned accounts to short-positioned accounts on a perpetual contract.
When the long/short ratio is heavily skewed (e.g., 70% long), the market is positioned one-sidedly. Skewed positioning is often a contrarian indicator — it identifies the side with the most exposure to liquidation.
Binance reports this ratio for top-trader accounts and for all accounts separately. The top-trader version is more meaningful for spotting smart-money positioning.
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