Bitcoin Perpetual Futures Data Reveals Slight Bullish Lean Across Top Exchanges
The latest data on Bitcoin perpetual futures trading has revealed a slight bullish lean across top exchanges.
According to CryptoRank, the long/short ratio of open positions shows that more traders are positioned for a price increase than a decrease. The current readings indicate a cautious but noticeable bullish sentiment, though the margins are relatively narrow.
The data shows that Binance leads the sentiment with 54.81% of its open perpetual futures positions being long, while OKX and Bybit follow closely with 52.92% and 53.35% respectively.