Woofun AI data shows that Bitcoin perpetual futures traders exhibit a slight bearish bias across the three largest crypto derivatives exchanges by open interest. The aggregate long/short ratio stands at 49.57% long versus 50.43% short. Binance records a ratio of 48.03% long to 51.97% short, while OKX reports 49.06% long against 50.94% short. Bybit displays the most pronounced bearish skew with 47.93% long and 52.07% short positions. These metrics reflect a marginal preference for short positioning across all three platforms, though the figures remain close to parity and do not indicate extreme bearish conviction.