Bitget daily futures information: Tokens with significant increases in contract positions are PEPE and FLOKI

On February 28, in the past 24 hours, both long and short positions in the BTC futures market experienced a large number of liquidations. BTC and ETH, among other major cryptocurrencies, continue to dominate the market, with investors slightly favoring long contracts.

Regarding BTC contracts, the total open interest for BTC is $25.67 billion (+3.44%), with a 24-hour trading volume of $77.36 billion (-3.71%). The 24-hour liquidation amounts are: long positions at $33.89 million and short positions at $35.14 million, with a long/short ratio of 50.38%/49.62% and funding rate at 0.0186%.

As for ETH contracts, the total open interest for ETH is $11.17 billion (+0%), with a 24-hour trading volume of $30.40 billion (-25.57%). The 24-hour liquidation amounts are: long positions at $12.10 million and short positions at $14 .20 million, resulting in a long/short ratio of 51 .36%/48 .64% and funding rate at O.O26O%.

The top three tokens with the highest increase in open interest are as follows:1000PEPE: $25 .514 billion (+9290%),1000FLOKI:$2 .363 billion(+89 .91%) , PEPE:$6l56billion(+73-64%).