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Bitget Daily Contract Market Dynamics

Bitget2024/08/20 06:05
Bitcoin reclaimed the $60,000 level, leading to $20 million in short liquidations and pushing the 4-hour long/short ratio close to 1.2.
 
Bitcoin Contracts Update
- Total Bitcoin Open Interest: $30.9 billion (+3.69%)
- Bitcoin 24-Hour Trading Volume: $52.08 billion (+29.89%)
- Bitcoin 24-Hour Liquidations: $7.38 million (longs) / $21.81 million (shorts)
- Long/Short Ratio: 50.75% / 49.25%
- Funding Rate: -0.0014%
 
Ethereum Contracts Update
- Total Ethereum Open Interest: $10.68 billion (+1.19%)
- Ethereum 24-Hour Trading Volume: $20.98 billion (+28.68%)
- Ethereum 24-Hour Liquidations: $16.57 million (longs) / $8.48 million (shorts)
- Long/Short Ratio: 49.52% / 50.46%
- Funding Rate: 0.0013%
 
Top 3 Open Interest Growth
- NMR: $22.37 million (+580.15%)
- ARPA: $19.87 million (+381.80%)
- COS: $9.1877 million (+131.96%)
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