Bitget Daily Contract Market Dynamics

Bitget2024/06/06 04:16

By:Bitget

The 24-hour trading volume of Bitcoin contracts decreased by 16.86%, while the same period trading volume of Ethereum contracts increased by 2.93%. The open interest of both BTC and ETH contracts has increased, with BTC up 0.74% and ETH up 1.52%. The short liquidation (21.38 million USD) of BTC contracts is more than long liquidation (8.38 million USD), while the long liquidation (13.28 million USD) of ETH contracts is more than short liquidation (12.33 million USD). In addition, both have positive financing rates, with BTC at 0.0101% and ETH at 0.0181%.

Bitcoin Contract Update

Total Open Interest for BTC: $37 billion (+0.74%)

BTC Trading Volume (24 hours): $44 billion (-16 .86%)

BTC Liquidations Volume(24 hours): Longs - $8 Million / Shorts - $21 Million

Long/Short Ratio:50 .26%/49 .74%

Financing Rate:0 .0101%

Ethereum Contract Update

Total Open Interest for ETH: $17 Billion (+1 .52%)

ETH Trading Volume(24 Hours):$20 Billion(+2 .93%)

ETH Liquidations Volume(24 Hours): Longs - $13 Million / Shorts - $12 Million

Long/Short Ratio:50 .02%/49 .98%

Financing Rate:0 .0181%

Top Three OI Surges:

BENDOG:$18 Million(+11665 %)

GME:$37110(+9531 %)

CEL:$20Million(+8212%)

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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At the Blockchain Association Policy Summit, U.S. Senators Gillibrand and Lummis stated that the "Crypto Market Structure Bill" is expected to have its draft released by the end of this week, with revisions and hearings scheduled for next week. The bill aims to establish clear boundaries for digital assets by adopting a classification-based regulatory framework, clearly distinguishing between digital commodities and digital securities, and providing a pathway for exemptions for mature blockchains to ensure that regulation does not stifle technological progress. The bill also requires digital commodity trading platforms to register with the CFTC and establishes a joint advisory committee to prevent regulatory gaps or overlapping oversight. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, is still being iteratively updated.

MarsBit•2025/12/12 11:17

Bitget Daily Contract Market Dynamics

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