Bitget Daily Contract Market Dynamics
Bitget2024/08/12 06:10
After Bitcoin fell to $58K, the market showed bearish sentiment, with increased trading activity and long positions being forcibly liquidated.
Bitcoin Contracts Update:
Total Bitcoin Open Interest: $27.51 billion (-2.96%)
Bitcoin Trading Volume (24 hours): $49.73 billion (+96.64%)
Bitcoin Liquidations (24 hours): $30.72 million (long) / $10.61 million (short)
Long/Short Ratio: 48.25% / 51.75%
Funding Rate: 0.0091%
Ethereum Contracts Update:
Total Ethereum Open Interest: $10.19 billion (-1.85%)
Ethereum Trading Volume (24 hours): $25.24 billion (+109.53%)
Ethereum Liquidations (24 hours): $30.09 million (long) / $11.15 million (short)
Long/Short Ratio: 48.64% / 51.36%
Funding Rate: 0.0071%
Top 3 Increase in Open Interest:
RARE: $3.39 million (+692.41%)
GLM: $27.44 million (+284.84%)
T: $19.99 million (+162.80%)
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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