Dogecoin long/short account ratio hits 4.17 on OKX, most lopsided among major coins
- —DOGE long/short account ratio on OKX is 4.17, versus 1.61 for BTC and 1.78 for ETH
- —81% of DOGE accounts are long against 62% for Bitcoin, a 19-point gap, the widest of nine coins
- —The ratio eased from 4.43 to 4.17 as DOGE rose 2.9% to $0.0824
- —DOGE-USDT funding held at 0.01% per 8 hours and open interest was flat at $117.7M to $119.7M
Why it matters: A one-sided retail long base raises the risk of cascading liquidations on a support break, even as funding and open interest show no leverage build-up.
Source: CryptoTicker