cryptd.in

LinkedIn alternativ pentru talentele cripto-friendly

Binance Futures Volume Soars Past $1T: Is Leverage Fueling the Crypto Rally?

The crypto derivatives market is roaring back to life, with Binance Futures leading the charge as its latest monthly trading volume surged past $1.04 trillion, eclipsing February’s $962 billion and March’s $683 billion.

This growth in activity has coincided with Bitcoin’s latest rise from the $85,000 level to beyond $94,000, sparking fresh debate over the role of leverage in fueling the latest price run-up.

Binance’s Dominance

CryptoQuant analyst JA Maartun first reported the rapid uptick in Binance Futures volume activity. He noted that April’s futures volume had already surpassed February and March totals, even though a few days remain before the month ends. According to him, only January’s $1.23 trillion ranks higher in 2025.

The growth wasn’t only seen in Binance, with competitors like OKX and Bybit registering substantial spikes, too. OKX has recorded $519.9 billion in volume, a significant improvement from the $427 billion and $306.7 billion attained in February and March, respectively.

Bitget follows closely, jumping to $435.4 billion from the $270.6 billion transacted last month. On the other hand, Bybit’s April futures volume has just exceeded $409 billion, a vast improvement on its March figures of $248.4 billion.

The influx comes around the same time Bitcoin is experiencing a sharp rebound in its price. In the past week, the number one cryptocurrency climbed from around $85,000 to highs of $94,700 earlier today.

This nearly 12% move also unfolded within a highly active trading window, where Binance’s aggressive taker activity, market buys that fill sell orders at prevailing prices, played a dominant role.

Over the past month, the platform’s taker buy/sell ratio went up nearly 19%, with a 7-day gain of 6.2%. It resulted in a net taker volume of close to $62 million, the highest in weeks, and a strong indicator that confident buyers are now driving the market narrative.

A Bullish Breakout or Overheated Rally?

However, beneath this surface-level euphoria lies a more nuanced and cautious sentiment, especially when examining the behavior of short-term holders (STH) and miners. Maartun posted a striking datapoint on X, showing over 47,000 BTC was sent to exchanges in a 24-hour window by STHs looking to make a profit.

The broader wave of strategic selling across the crypto ecosystem also adds to the profit-taking narrative. As a raportat de CryptoPotato, BTC miners gained about $18.6 million, selling as the asset’s price approached $93,000. Ethereum whales have been no less restrained, offloading over 305,000 ETH valued at almost $540 million to exchanges within the past week.

Some observers feel these synchronized moves could signal an undercurrent of skepticism about the sustainability of the current rallies both cryptocurrencies are experiencing, even with prices rising.

Postul Binance Futures Volume Soars Past $1T: Is Leverage Fueling the Crypto Rally? a apărut prima dată pe CryptoPotato.


Comentarii

Lasă un răspuns

Adresa ta de email nu va fi publicată. Câmpurile obligatorii sunt marcate cu *

Ultimele fluxuri

Categorii populare

Căutați pe site

Povești populare

Etichete

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElecție (1) #BinanceVsCoinbase (1) #Bitcoin (284) #BitcoinETF (3) #BitcoinFundamente (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCachiziție (1) #BullishPrediction (1) #BullishSentiment (1) #CincianăMiniere (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPrediciuni (1) #CryptoReglementare (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoIncertitudine (1) #DerivativeJump (1) #Dogecoin (51) #DogecoinGains (1) #DogecoinVolumele (1) #DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (58) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #Fimpact financiar (1) #FinanciarPrivire privată (1) #FirmShutdown (1) #F Contul înghețat (1) #IllicitFunds (1) #InflationData (1) 1TP5Investiții (1) 1TP5Pierdere din investiții (1) #JaponezăFirmă (1) #Acțiune juridică (1) #Impact juridic (1) #Legislație (1) #LightningNetwork (1) #MAnaliză de piață (3) #MMonitorizare de piață (1) #MPredicție de piață (1) #MPrediciții de piață (1) #Mproiecție de piață (1) #MarketSupport (1) #MVolatilitatea pieței (1) #MCăsătorie (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitabilitate (1) #MSpălare de bani (2) #MtGox (3) #N Coreea de NordCrypto (1) #NovogratzPredicție (1) #PriceMilestone (1) #PPrețPredicție (2) #Price Întrebare (1) #PriceSurge (1) #PrisonSentință (1) #QuantAnalysis (1) #ReglementarePresiune (1) #SECAntiCrypto (1) #ShibaInu (4) #SocialBuzz (1) #TAnaliză tehnică (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotențial (1) #USCongresul (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

Link-uri utile

Link-uri pe care le-am găsit utile și pe care am dorit să le împărtășesc.