Perpetuals market just hit some serious milestones. We're looking at $26B in trading volume across the board, with 85K active traders putting their money where their mouth is. The position data tells an interesting story too—6M total positions opened, and the bulls are winning the narrative: 3.9M longs versus 2.1M shorts. That's roughly a 65-35 split favoring long positions. What's more telling is the $100M in cumulative net deposits flowing into perps, signaling strong conviction from traders betting on continued market moves. Whether this bullish positioning holds or becomes a contrarian signal will be key to watch.
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BlockchainRetirementHome
· 16h ago
The 65-35 long-short ratio... Be careful, when it's too extreme, it often signals a reversal.
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PaperHandSister
· 16h ago
The 65 to 35 long ratio... Hmm, be careful. If it's too consistent, it might be easier to get liquidated.
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SilentObserver
· 17h ago
The bulls are so strong... it feels like a reversal is coming.
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DegenDreamer
· 17h ago
65% long? Buddy, you need to be careful. The more people are bullish, the easier it is to get crushed.
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Hash_Bandit
· 17h ago
ngl this 65-35 long dominance gives me 2017 vibes... seen this movie before and it doesn't always end well lol
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OnlyOnMainnet
· 17h ago
The 65-35 bullish dominance... How confident does that make you feel, or are they all betting on the same direction?
Perpetuals market just hit some serious milestones. We're looking at $26B in trading volume across the board, with 85K active traders putting their money where their mouth is. The position data tells an interesting story too—6M total positions opened, and the bulls are winning the narrative: 3.9M longs versus 2.1M shorts. That's roughly a 65-35 split favoring long positions. What's more telling is the $100M in cumulative net deposits flowing into perps, signaling strong conviction from traders betting on continued market moves. Whether this bullish positioning holds or becomes a contrarian signal will be key to watch.