Bitget Daily Contract Market Dynamics

Bitcoin prices fall with the U.S. stock market, triggering a total of $210 million in liquidations of leveraged derivatives positions.

Bitcoin Contract Updates 
Total Open Interest: $33.39B (-1.95%)
24-hour Trading Volume: $62.63B (+73.70%)
24-hour Liquidations: $34.86M (longs) / $23.47M (shorts)
Long/Short Ratio: 49.52% / 50.48%
Funding Rate: 0.0045%

Ethereum Contract Updates
Total Open Interest: $11.30B (-2.54%)
24-hour Trading Volume: $24.77B (+56.34%)
24-hour Liquidations: $42.33M (longs) / $7.81M (shorts)
Long/Short Ratio: 49.24% / 50.76% /
Funding Rate: 0.0095%

Top 3 Increases in Open Interest
VELO1: $1.31M (+135.50%)
OG: $27.78M (+112.69%)
NEIROCTO: $5.14M (+72.81%)