Bitget Futures Market Update

In the past 24 hours, BTC futures have seen an increase in both trading volume and open interest, whereas ETH futures experienced a decline in trading volume and open interest. Both BTC and ETH futures have more short liquidations, with BTC at $27.46M and ETH at $12.12M, compared to long liquidations of $6.67M and $4.35M respectively. Long positions slightly outweigh short positions for both assets, with BTC at a 50.46%/49.54% ratio and ETH at 50.40%/49.60%. The funding rates are positive for both, though BTC's funding rate is higher at 0.0193% compared to ETH's 0.0166%.