TechFlow news, April 19: The 24-hour trading volume for Bitcoin futures increased slightly, with both BTC and ETH futures markets showing negative funding rates, indicating more short positions than long positions. Open interest for both BTC and ETH declined marginally.
At the time of writing, according to Coinglass futures data: For BTC futures, total open interest stood at $30.5 billion (-1.36%), 24-hour trading volume reached $104.4 billion (+6.12%), 24-hour liquidation volume was $52.25 million for longs and $34.55 million for shorts, long/short ratio was 49.64%/50.36%, and funding rate was -0.0034%.
For ETH futures, total open interest was $10.66 billion (-1.32%), 24-hour trading volume reached $32.85 billion (-1.14%), 24-hour liquidation volume was $34.23 million for longs and $18.03 million for shorts, long/short ratio was 48.77%/51.23%, and funding rate was -0.0047%.
The top three tokens with the largest increases in open interest were LSK: $14.42 million (+160.95%), ONG: $63.1 million (+130.90%), and OMNI: $3.5751 million (+114.82%).
