BTC Perpetual Contract Open Interest on Binance hits a new 1-month high, while the Long/Short Ratio hits a new 1-month low.

BlockBeats News, May 2nd, according to official data, the BTC Long/Short Ratio on Binance's BTCⓂ️ futures contract has reached a new one-month high, currently standing at 86,024 BTC, approximately $8.295 billion.

At the same time, the Long/Short Ratio of accounts on the BTCUSDT contract on Binance has also hit a new low for the next month, with 36.36% of accounts being long and 63.64% being short, resulting in a Long/Short Ratio of 0.57.