Crowd Positioning

Crowd positioning shows the balance between long and short traders on crypto perpetual futures. When 75%+ of accounts are on one side, the market is “crowded” — and crowded markets tend to squeeze.

L/S Ratio below 0.4 means extreme short crowding — historically precedes sharp upward moves. L/S Ratio above 2.5 means extreme long crowding — vulnerable to a dump.

Data sourced from Binance and Bybit APIs every 10 minutes. Funding interval changes provide additional context.