TechFlow News — On March 5, over $105 million worth of Bitcoin short positions were liquidated in the past 24 hours.
For BTC contracts: Total BTC open interest reached $32 billion (+12.25%), with a 24-hour trading volume of $130.07 billion (+96.30%). Liquidation volume within 24 hours was $27.64 million for longs and $105.12 million for shorts. The long/short ratio stood at 50.91%/49.09%, with a funding rate of 0.0829%.
For ETH contracts: Total ETH open interest reached $12 billion (+3.51%), with a 24-hour trading volume of $44.96 billion (+54.18%). Liquidation volume within 24 hours was $13.91 million for longs and $374.9 million for shorts. The long/short ratio stood at 51.45%/48.55%, with a funding rate of 0.0488%.
The top three tokens with the highest increase in contract open interest were: 1000XEC ($22.23 million, +224.89%), KISHU ($26,800, +159.41%), and 1000BTT ($46,500, +152.67%).
