TechFlow News, on February 5, after a slight decline over the past 24 hours, the derivatives market experienced a series of long position liquidations.
For BTC futures, total open interest stood at $17.49 billion (+0.97%), with a 24-hour trading volume of $21.43 billion (+44.98%). Liquidation volume in the past 24 hours was $13.14 million for longs and $3.09 million for shorts. The long-to-short ratio was 49.17%/50.83%, and the funding rate was 0.0096%.
For ETH futures, total open interest reached $7.59 billion (+0.89%), with a 24-hour trading volume of $9.97 billion (+31.16%). Liquidation volume over the past 24 hours was $8.55 million for longs and $2.64 million for shorts. The long-to-short ratio was 48.95%/51.05%, and the funding rate was 0.0059%.
The top three tokens with the highest percentage increase in contract open interest were: NMR—$33.21 million (+106.28%), FLR—$3.74 million (+72.76%), and RON—$22.79 million (+59.42%).
