Bitget Daily Contract Market Dynamics

The reversal and liquidation of price momentum has caused the proportion of ETH long positions to drop just over 46%.

Bitcoin contract update
Total BTC open contracts: $34.8 billion (-2.92%)
BTC 24-hour trading volume: $62.55 billion (-5.90%)
BTC 24-hour liquidation: $69.06 million (long) / $11.96 million (short)
Long/Short ratio: 48.25% / 51.75%
Funding rate: 0.0099%

Ethereum contract update
Total ETH open contracts: $14.17 billion (-5.07%)
ETH 24-hour trading volume: $37.33 billion (-17.14%)
ETH 24-hour liquidation :$93 .54 million (long) /$3 .36 million (short )
Long/Short ratio :46.22% / 53.78%
Funding rate :0.0053%

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Top three growth in open contracts