The Binance snapshot offered an account-level view of Novo Nordisk A/S (NVO) futures, with 68.7% of global accounts long regardless of position size at the snapshot time.
The reading was recorded at 7 a.m. ET (12:00 UTC) Monday, Nov. 9. Short positions accounted for 31.3% of global accounts. At the same snapshot, long positions represented 73.4% of top-trader accounts, compared with 26.7% short. The top-trader figures refer to a separate account group.
Over 24 hours, open interest increased 0.68% to 23,323.49 contracts; the listed value was $941,471. The taker buy/sell ratio came to 1.0731; volumes totaled 539 for buys and 503 for sells. The funding rate was 0.0000%.
The snapshot’s measures describe different things: account percentages count accounts by position direction, while taker figures report volume. An earlier EconoTimes report on Binance futures account data explained that the account split does not show position size.
