#TradingTypes101 Currently, the long/short ratio for Cardano’s native token is 0.8804, so there are more short positions than long ones on exchanges. ... ........!
#Write2Earn
Yet, this ratio on Binance stands out, with 2.6887 longs for every short placed, suggesting more traders think the price will go up.........!
#BinanceSquareFamily
2.5984 is the long/short bias on OKX. It reflects that a number of traders are prepared to take risks by buying.
card
Liquidations, which take place when there are not enough funds to keep a trade open, are also happening frequently. Yesterday, the liquidation of ADA positions saw $8.4 million in losses, with the bulk ($8.34 million) being attributed to long trades.....!