Bitget Daily Contract Market Dynamics

Over the past 24 hours, the total open interest for BTC contracts increased by 3.81% and for ETH contracts by 4.77%. BTC trading volume significantly decreased by 48.60%, while ETH trading volume also fell but by a smaller margin of 31.51%. The short liquidation ratio for both BTC and ETH exceeded the long liquidation ratio. The long/short ratio for BTC and ETH remained nearly balanced, with a funding rate of 0.0108% for both.

Bitcoin Contract Update
Total BTC Open Interest: $38.79 billion (+3.81%)
BTC 24-Hour Trading Volume: $41.97 billion (-48.60%)
BTC 24-Hour Liquidations: $6.15 million (longs) / $20.30 million (shorts)
Long/Short Ratio: 50.10% / 49.90%
Funding Rate: 0.0108%

Ethereum Contract Update
Total ETH Open Interest: $14.42 billion (+4.77%)
ETH 24-Hour Trading Volume: $16.33 billion (-31.51%)
ETH 24-Hour Liquidations: $3.44 million (longs) / $18.26 million (shorts)
Long/Short Ratio: 49.64% / 50.36%
Funding Rate: 0.0108%

Top 3 OI Surges
TOMI: $5.55 million (+219.08%)
RDNT: $24.24 million (+144.93%)
XEM: $11.48 million (+113.08%)