Bitget Futures Market Updates
Bitget2024/05/07 06:51
Both BTC and ETH futures exhibited a decline in open interest alongside a notable decrease in 24-hour trading volume. However, BTC futures experienced more long liquidations, whereas ETH futures saw a higher frequency of short liquidations. Despite this difference, both
markets displayed a prevalence of short open positions. Moreover, the
funding rates for both BTC and ETH futures rose in comparison to the previous day's levels, indicating increased costs for maintaining positions.
Bitcoin Futures Updates
Total BTC Open Interest: $30.03B (-1.29%)
BTC Volume (24H): $67.54B (+57.70%)
BTC Liquidations (24H): $31.67M (Long)/$21.51M (Short)
Long/Short Ratio: 49.41%/50.59%
Funding Rate: 0.0078%
Ether Futures Updates
Total ETH Open Interest: $10.59B (-0.97%)
ETH Volume (24H): $26.72B (+64.24%)
ETH Liquidations (24H): $43.68M (Long)/$9.86M (Short)
Long/Short Ratio: 48.30%/51.70%
Funding Rate: 0.0072%
Top 3 OI Surges
DGB: $6.31M (+215.76%)
POWR: $13.37M (+90.72%)
PUNDU: $2.95M (+56.78%)
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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.
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