Bitget Daily Contract Market Dynamics

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Bitget2024/08/05 05:10

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Traders are generally bearish on BTC and ETH, expecting further declines.

Bitcoin Contract Update:

Total BTC Open Interest: $28.18B (-12.83%)
BTC Trading Volume (24H): $115.73B (+115.24%)
BTC Liquidations (24H): $214.30M (Longs) / $35.38M (Shorts)
Long/Short Ratio: 47.93%/52.07%
Funding Rate: 0.0020%

Ethereum Contract Update:

Total ETH Open Interest: $10.19B (-23.00%)
ETH Trading Volume (24H): $72.27B (+198.44%)
ETH Liquidations (24H): $270.09M (Longs) / $38.62M (Shorts)
Long/Short Ratio: 47.33%/52.67%
Funding Rate: -0.0259%

Top Three Increases in Open Interest:

BAKE: $35.86M (+41.31%)
GFT: $19.58M (+30.74%)
USDC: $10.02M (+26.33%)

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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Bitget Daily Contract Market Dynamics

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