TechFlow reported on March 27 that the total open interest for Bitcoin and Ethereum saw a slight increase, while the 24-hour trading volume declined. Liquidations of long positions for both cryptocurrencies were marginally higher than those of short positions. Notably, Ethereum exhibited a relatively high long-to-short ratio at 51.56%/48.44%.
At the time of publication, according to Coinglass data, BTC futures showed a total open interest of $38.03 billion (+0.26%), with a 24-hour trading volume of $82.28 billion (-16.50%). The 24-hour liquidation volume stood at $34.22 million in longs and $23.59 million in shorts, resulting in a long/short ratio of 50.76%/49.24%, with a funding rate of 0.0386%.
For ETH futures, the total open interest reached $14.06 billion (+1.02%), with a 24-hour trading volume of $32.18 billion (-7.77%). The 24-hour liquidation volume was $16.04 million in longs and $11.58 million in shorts, yielding a long/short ratio of 51.56%/48.44%, and a funding rate of 0.0308%.
The top three tokens with the largest increases in open interest were T: $30.26 million (+339.30%), REQ: $1.95 million (+166.49%), and SC: $8.15 million (+93.16%).
