Binance contract trading volume, liquidation, and profit news hotspots within 24 hours: A double-edged sword under increasing volatility
On December 12, 2025, Binance futures contract trading volume soared to $62.4 billion, a month-on-month increase of 8.8%, with an open interest of $27 billion. The trading volume for the BTC/USDT pair exceeded $15.8 billion, while ETH/USDT reached $19.6 billion.
Despite Bitcoin holding the $90,000 mark, market volatility triggered a liquidation wave: In the past 24 hours, the total liquidation amount of global cryptocurrencies reached $256 million, with Binance accounting for over 30%, approximately $76.8 million, with short liquidations dominating at $14.9 million and long liquidations at $10.7 million.
The liquidation of altcoin futures was particularly severe, with BIGTIME and ORDI tokens leading the decline, evaporating over $250 million within 24 hours. The Terra ecosystem saw LUNC/USTC/LUNA long positions losing $11 million, crashing after a price surge of 70%.
Profit highlights emerged frequently: Traders shared high-leverage achievements, such as ICNT/USDT 50X long positions making a profit of 1028% within 9 hours, BARD/USDT reaching 290%, and LINK/USDT achieving multi-target take profits of 43%.
Whale movements were active, with a single BCH long position entering at $514K, and Hyperliquid platform experiencing a single largest liquidation of $4.63 million.
The Federal Reserve's interest rate cut expectations have cooled, exacerbating leverage risks, with experts warning that year-end deleveraging could push the liquidation rate up by 20%.
This round of hotspots highlights the dual nature of the contract market: high trading volume breeds opportunities for wealth, but liquidations are ever-present. Traders are advised to optimize risk control, pay attention to funding rates and on-chain signals, and avoid highly volatile altcoins.
