CoinEx News: Crypto futures volume rose 72.71% over the past 24 hours to $166.22 billion, while total open interest increased 6.47% to $130.17 billion, according to CoinGlass data on May 4. Total 24-hour liquidations also jumped 114.06% to $369.39 million, as the market’s long/short split stood at 51.36%/48.64%, showing only a mild long bias despite the sharp rise in activity.

The data suggests leverage is returning quickly as BTC trades near the $80,000 area, but positioning has not become extremely one-sided; traders may watch whether rising open interest turns into sustained momentum or another round of forced unwinds.