TechFlow news, on March 4, over the past 24 hours, there was no significant difference in the long-to-short ratio in Bitcoin and Ethereum futures markets, but long positions paid notably high funding rates to short positions.
For BTC futures, total BTC open interest reached $28.7 billion (+5.43%), with a 24-hour trading volume of $66.21 billion (+64.24%). The 24-hour liquidation volume was $22.93 million for longs and $38.69 million for shorts, resulting in a long/short ratio of 50.84%/49.16%, and a funding rate of 0.0793%.
For ETH futures, total ETH open interest reached $11.6 billion (+1.27%), with a 24-hour trading volume of $29.16 billion (+59.44%). The 24-hour liquidation volume was $13.92 million for longs and $19.28 million for shorts, resulting in a long/short ratio of 50.95%/49.05%, and a funding rate of 0.0627%.
The top three tokens with the highest increase in futures open interest were NFT: $1.35 million (+156.95%), GLM: $1.26 billion (+112.68%), and RATS: $30.73 million (+87.10%).
