BTCC / BTCC Square / Binance News /
Binance Sees Overwhelming Dogecoin Longs as Traders Bet Big

Binance Sees Overwhelming Dogecoin Longs as Traders Bet Big

Published:
2025-04-06 16:19:46
26
2

As of April 7th, 2025, Binance Futures data reveals an unprecedented surge in Dogecoin [DOGE] long positions, indicating a strong bullish sentiment among traders.

Dogecoin Longs Hit 80% on Binance Futures

Futures traders are heavily long on Dogecoin [DOGE], showing short-term bullish conviction. Data from Binance Futures indicates that long positions peaked at 80.23% on April 3rd with a Long/Short Ratio of 4.06, suggesting traders are overwhelmingly confident in the cryptocurrency. By April 6th, long interest had slightly decreased but still accounted for 77.98% of open positions. There is no strong correlation between DAA spikes and price gains, hinting at speculative activity.

Best Crypto Investment: Why Qubetics’ Presale Price Rises Every 7 Days

Imagine buying Polkadot (DOT) before its surge or getting into Render before its demand exploded. The crypto world is full of missed opportunities, but a new contender, Qubetics ($TICS), is emerging. Qubetics is gaining traction as a groundbreaking Web3 aggregator, bridging multiple blockchains and offering real-world applications. With Render revolutionizing decentralized GPU rendering and Polkadot leading multi-chain interoperability, Qubetics has the potential to shake up the entire space.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users