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Bitget Daily Contract Market Dynamics

Bitget Daily Contract Market Dynamics

Bitget2024/10/25 06:40

In the past 24 hours, BTC contracts saw a slight increase in open interest (+0.69%), while ETH contracts experienced a decrease (-2.06%). Trading volumes for both BTC and ETH dropped significantly, with ETH futures seeing a larger decline (-43.67%) compared to BTC (-21.48%). BTC experienced a higher rate of short liquidations, whereas ETH had a more balanced liquidation rate, with slightly higher long liquidations. The long/short ratios for both assets are nearly equal, although BTC shows a slight long bias and ETH a slight short bias. Financing rates for both are positive and almost identical, with BTC at 0.0090% and ETH at 0.0091%.

Bitcoin Contract Update
- Total BTC Open Interest: $39.49 billion (+0.69%)
- BTC Trading Volume (24 hours): $57.03 billion (-21.48%)
- BTC Liquidations (24 hours): $9.86 million (Long)/$17.82 million (Short)
- Long/Short Ratio: 50.09%/49.91%
- Financing Rate: 0.0090%

Ethereum Contract Update
- Total ETH Open Interest: $12.95 billion (-2.06%)
- ETH Trading Volume (24 hours): $17.73 billion (-43.67%)
- ETH Liquidations (24 hours): $10.65 million (Long)/$7.94 million (Short)
- Long/Short Ratio: 49.92%/50.08%
- Financing Rate: 0.0091%

Top 3 Increases in Open Interest
- SAFE: $19.31 million (+2194.77%)
- GOAT: $46.18 million (+192.19%)
- RAY: $10.42 million (+117.85%)

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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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