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MAGIC long/short ratio live

69.4% of Binance accounts with an open MAGIC position are net long, a MAGIC long/short ratio of 2.27 (+0.1 pp in 24 hours). Binance's top traders hold 62.3% of their combined MAGIC position long (ratio 1.65), 7.2 pp less long than the average account. On Bybit, 65.4% of users are long (ratio 1.89, +1.4 pp in 24 hours). New readings arrive every 5 minutes.

Tracking for ~4h Updates every 5 s MAGIC overview

MAGIC long/short ratio

All coins' long/short ratios →
Binance accounts
69.4% longRatio 2.27
Short 30.6%1h +0.64h -0.424h +0.1
Binance top traders
62.3% longRatio 1.65
Short 37.7%1h +1.44h -5.524h -6.8
Bybit accounts
65.4% longRatio 1.89
Short 34.6%1h +2.04h +5.624h +1.4
Binance accountsBinance top tradersBybit accounts50% = even

Share of longs; changes in percentage points (pp). Accounts = share of accounts with a net long position; top traders = share of the combined position of Binance's top 20% of traders by margin that is long. New points every 5 minutes; 24h history backfilled from the exchanges.

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MAGIC long/short history

From recorded history, hourly

67.1% of MAGIC trader accounts on Binance and Bybit are net long, up 0.4 points over the past 24 hours (from 66.6%).

MAGIC long/short ratio

Share of accounts long, Binance and Bybit

Chart: TradingView Lightweight Charts™

About the MAGIC long/short ratio

What is the MAGIC long/short ratio?

The number of traders long divided by the number short on MAGIC perpetuals. Binance accounts: the share of accounts with an open position whose net position is long. Binance top traders: the share of the combined position of the top 20% of Binance futures users by margin that is long. Bybit accounts: the share of users holding a long. A share of 60% long is a ratio of 1.50.

How to read it for MAGIC

Account ratios count people, not money, and retail accounts lean long most of the time, so the level alone says little. Look at changes (the crowd piling in or out) and at divergence between top traders and all accounts. Some traders fade extreme readings, since a crowded side can be squeezed, but that often fails. Not financial advice.

How often it updates

Binance and Bybit publish a new value every 5 minutes, fetched shortly afterwards. The previous 24 hours are backfilled from the exchanges when the server starts, so the chart is complete straight away. Ratios cover the top 100 perpetuals by volume. Compare all coins.