The changes in open interest finally indicate growing interest and participation across markets, especially with the number of long positions surpassing short positions.
Bitcoin Contract Update:
- Total BTC Open Interest: $29.72 billion (+3.43%)
- BTC Trading Volume (24H): $65.34 billion (+61.23%)
- BTC Liquidations (24H): $9.5 million (longs) / $345.7 million (shorts)
- Long/Short Ratio: 51.31% / 48.69%
- Funding Rate: 0.0011%
Ethereum Contract Update:
- Total ETH Open Interest: $10.46 billion (+1.16%)
- ETH Trading Volume (24H): $24.89 billion (+38.46%)
- ETH Liquidations (24H): $10.27 million (longs) / $218.1 million (shorts)
- Long/Short Ratio: 50.71% / 49.29%
- Funding Rate: 0.0016%
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Top 3 Open Interest Increases:
- RPL: $6.23 million (+643.84%)
- AKRO: $2.11 million (+180.68%)
- BSW: $5.59 million (+88.90%)