Bitget Contract Market Update

View original

Bitget2024/07/05 06:08

In the past 24 hours, both BTC and ETH futures have seen significant changes. The total open interest for BTC futures decreased by 8.82%, and for ETH futures, it decreased by 10.01%. BTC futures trading volume increased by 40.73% compared to the previous period, and ETH futures trading volume increased by 52.08%. There were substantial long liquidations, with BTC at $154.23 million and ETH at $108.63 million. The long/short ratio for BTC and ETH is close, with BTC at 48.14%/51.86% and ETH at 47.02%/52.98%. Notably, the BTC funding rate is positive at 0.0007%, indicating a slight premium for longs, while the ETH funding rate is negative at -0.0018%, indicating a slight premium for shorts.

Bitcoin Contract Update BTC Total Open Interest: $28.25 billion (-8.82%)

BTC Trading Volume (24 hours): $93.93 billion (+40.73%)
BTC Liquidation Volume (24 hours): $154.23 million (longs) / $39.01 million (shorts)
Long/Short Ratio: 48.14%/51.86%
Funding Rate: 0.0007%

Ethereum Contract Update
ETH Total Open Interest: $12.74 billion (-10.01%)
ETH Trading Volume (24 hours): $43.68 billion (+52.08%)
ETH Liquidation Volume (24 hours): $108.63 million (longs) / $18.98 million (shorts)
Long/Short Ratio: 47.02%/52.98%
Funding Rate: -0.0018%

Top 3 OI Surges
GFT: $9.48 million (+60.52%)
FTN: $2.52 million (+55.26%)
PEOPLE: $98.89 million (+32.84%)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.