TechFlow news, on March 8, open interest for both Bitcoin and Ethereum contracts slightly increased, while trading volume significantly declined. The long/short ratio remained balanced, but short liquidations exceeded long liquidations.
For BTC contracts, total BTC open interest reached $31.35 billion (+1.92%), 24-hour trading volume was $73.69 billion (-43.99%), 24-hour liquidation volume: $15.15 million in longs, $28.13 million in shorts, long/short ratio: 50.35%/49.65%, funding rate: 0.0331%.
For ETH contracts, total ETH open interest reached $13.13 billion (+3.21%), 24-hour trading volume was $37.89 billion (-40.00%), 24-hour liquidation volume: $16.32 million in longs, $25.53 million in shorts, long/short ratio: 51.85%/48.15%, funding rate: 0.0474%.
The top three tokens with the largest increases in contract open interest were XEC: $16.12K (+141.46%), RUNE: $121.31M (+92.89%), PHB: $46.79M (+85.42%).
