Long/short ratio, live

What the three numbers mean

• Accounts long is the share of all Binance Futures accounts with a position in this coin that are net long. A ratio of 1.5 means 60% of accounts are long and 40% short. It counts people, not money.
• Top traders looks at the 20% of accounts with the largest margin balance and compares the total size of their long and short positions. It counts money, not people.
• Taker buy/sell compares the volume bought with market orders against the volume sold with market orders in the period. Above 1, aggressive buyers dominated.

How to read it

The long/short ratio describes positioning, not direction. Most of the time more accounts are long than short, simply because small traders prefer to buy. What matters is the extreme and the change:

• When the crowd is heavily long while top traders are not, the crowd is often on the wrong side. Many traders read that as a contrarian signal.
• A fast jump in the ratio during a drop means traders are buying the dip with leverage. If the price keeps falling, those longs are the fuel for the next liquidation wave.
• Combine it with funding and open interest: a high ratio, high funding and rising open interest together describe a crowded, leveraged market.

Binance keeps these statistics for the last 30 days. They describe Binance only, not the whole market.

If the data doesn't load

The numbers come straight from Binance's public API into your browser. Binance blocks its futures API in some countries, including the United States.