What is the short float/ratio in the cryptocurrency market?

1 answers

• AzeeNov 27, 2022 · 3 years ago
  As an expert in the cryptocurrency market, I can tell you that the short float/ratio is an important metric that traders and investors should pay attention to. It represents the percentage of a cryptocurrency's total supply that is currently being borrowed and sold short. A high short float/ratio indicates that there is a large number of traders betting against the cryptocurrency, which can potentially lead to increased selling pressure and downward price movements. On the other hand, a low short float/ratio suggests that there is less bearish sentiment and the cryptocurrency may have more room for upward price movements. It's important to consider the short float/ratio in conjunction with other factors such as trading volume and market trends to get a comprehensive understanding of the market dynamics and make informed trading decisions.
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