Bitget Daily Contract Market Dynamics

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Bitget2024/07/11 03:45

Bitcoin is consolidating sideways instead of maintaining an upward trend, leading to liquidations on both long and short sides.

Bitcoin Contract Update
Total outstanding Bitcoin contracts: $28.6 billion (-0.57%)
Bitcoin trading volume (24H): $53.02 billion (+9.48%)
Bitcoin liquidation (24H): $183.5 million (long)/$172.1 million (short)
Long/Short ratio: 49.59%/50.41%
Funding rate: 0.0081%

Ethereum Contract Update
Total outstanding Ethereum contracts: $12.55 billion (+0.72%)
Ethereum trading volume (24H): $21.11 billion (-0.03%)
Ethereum liquidation (24H): $233 million(long)/$91 million(short)
Long/Short ratio: 49.52%/50 .48%
Funding rate: 0 .0033%

Top 3 Increases in Outstanding Contracts
SC: $4 .93 million (+392 .84%)
RATS :$2 .75million(+105 .29%)
MAVIA:$17 .22million(+69 .45%)

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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