Binance Long/Short Ratio at 2.3x: A Sign of Concentrated Long Bets & Potential for Volatility

Binance’s long/short ratio currently stands at a notable 2.3x, signifying that traders are heavily favoring long positions in the current market. This phenomenon has drawn attention as it presents potential triggers for increased volatility and market instability. 2.3x represents a significant concentration of longs, suggesting that each short position is countered by over two individuals attempting to capitalize on further price rises.