LastBattle

Bitfinex BTC longs vs Short ratio

Self explanatory...
Shows the long / short ratio of trader's positioning in bitfinex exchange.

The higher the ratio, it means there are more longs. The lower the ratio, the more shorts are currently being opened,.
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How do you use this? It doesn't forecast any price changes. I think the ratio of shorts to the daily avg trading volume is what you want to be looking at or days to cover.
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Awesome tool...
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It might be personal preference, but wouldn't it give a better read to do "src_longs/(src_longs + src_shorts)"? It would give you the ratio of longs against total of open positions either way.
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