TechFlow news, on February 28, within the past 24 hours, both long and short positions in the BTC futures market experienced significant liquidations. Major cryptocurrencies such as BTC and ETH continue to dominate the market, with investors showing a slight preference for long contracts.
Regarding BTC contracts, the total BTC open interest stood at $25.67 billion (+3.44%), with a 24-hour trading volume of $77.36 billion (-3.71%). The 24-hour liquidation volume was $33.89 million for longs and $35.14 million for shorts. The long/short ratio was 50.38%/49.62%, with a funding rate of 0.0186%.
For ETH contracts, the total ETH open interest was $11.17 billion (0.00%), with a 24-hour trading volume of $30.40 billion (-25.57%). The 24-hour liquidation volume was $12.10 million for longs and $14.20 million for shorts. The long/short ratio was 51.36%/48.64%, with a funding rate of 0.0260%.
The top three tokens by open interest growth were: 1000PEPE at $2.5514 billion (+9290%), 1000FLOKI at $2.363 billion (+89.91%), and PEPE at $6.156 billion (+73.64%).
