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63.76% of Bitcoin Traders on Binance Are Short as Bearish Bias Dominates Binance data shows 63.76% of Bitcoin traders are short, highlighting a firm bearish stance dominating market sentiment and position structures. The current long/short ratio of 0.57 reveals nearly twice as many traders expect Bitcoin to fall than to rise. Heavy short positioning could trigger sharp volatility if Bitcoin rallies and forces mass liquidation of bearish positions. Bitcoin Short Positions Dominate Binance Market As of May 2nd at UTC 06:00, a total of 63.76% of Binance traders holding active Bitcoin positions were short, while 36.24% held long positions. The long/short ratio was at a value of 0.57, implying nearly two traders are short on Bitcoin for each one anticipating it to go up. #BinanceAlphaAlert $BTC $
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Bitcoin (BTC) closed the week 3.32% up, while Ethereum (ETH) marginally outperformed, closing the week up 4.23% from the week prior. Total crypto market cap climbed 2.3% from $3.041T to end the week at $3.113T. The week’s liquidation data continue to remain uneventful, with most days seeing total liquidations under $250M. Funding rates also highlight lowered risk appetites, with funding rates on most cryptocurrency majors falling into the low negative range, perhaps indicating a buildup of short positions on cryptocurrency majors. 📌 Strategy has acquired 15,355 BTC for a total of $1.42B at an average of $92,737 per Bitcoin. $BTC #bitcoin
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#BinanceAlphaAlert Dolomite (DOLO) is now live on Binance Alpha! ⚡️ Early access just dropped — explore the project and stay tuned for what’s next.Participer à la discussionPopulaireRécents
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