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BTC/ETH long and short ratios are 50.12%/49.88% and 50.17%/49.83% respectively

BTC/ETH long and short ratios are 50.12%/49.88% and 50.17%/49.83% respectively

CointimeCointime2024/02/23 07:54
By:Cointime

The BTC futures market has experienced a series of long position closures following a previous decline, while the ETH futures market has seen more short position closures due to expectations of spot ETFs. Major cryptocurrencies such as BTC and ETH still dominate the market, with investors maintaining a balance between long and short contracts. In terms of BTC contracts, the total position is 23.38 billion USD (-0.44%), the 24-hour trading volume is 45.67 billion USD (-25.06%), and the 24-hour liquidation volume is 21.49 million USD for long positions and 9.42 million USD for short positions, with a long/short ratio of 50.12%/49.88% and a funding rate of 0.0108%. In terms of ETH contracts, the total position is 10.67 billion USD (+1.07%), the 24-hour trading volume is 36.57 billion USD (-7.04%), and the 24-hour liquidation volume is 11.37 million USD for long positions and 18.99 million USD for short positions, with a long/short ratio of 50.17%/49.83% and a funding rate of 0.0121%. The top three tokens with the highest increase in contract positions are SPELL: 31.98 million USD (+565.89%), LIT: 14.54 million USD (+86.68%), and AXL: 7.11 million USD (+67.79%).

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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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