As of December 17, 2025, the Binance futures market is active but experiencing increased volatility. According to CoinGecko data, the 24-hour trading volume of Binance futures is approximately $71.1 billion, an increase of over 55% compared to the previous day, with open interest reaching $26 billion, maintaining the top position among global derivatives exchanges. The main active trading pairs are ETH/USDT and BTC/USDT.
News highlights focus on liquidation events: In the past 24 hours, the total market leveraged liquidation scale exceeded $658 million, with long liquidations accounting for over 85%. Binance contributed approximately $177.9 million in liquidation, ranking first among exchanges. The liquidity crisis of XRP futures has become prominent, with Binance's XRP contract trading volume plummeting by 96%, accompanied by $14.47 million in leveraged position liquidations, pushing prices below the $2 support level. The overall market's long position dominance is being squeezed out, with the largest single liquidation occurring in the Binance BTCUSDT pair, valued at $11.58 million.
In terms of profits, shorts have made substantial gains during this pullback, with some traders achieving high returns through precise shorting, but high leverage risks are amplified, reminding investors to focus on risk control. Year-end profit-taking by institutions combined with regulatory uncertainty is expected to put short-term pressure on the futures market, with attention on how Federal Reserve signals impact funding rates.
$BNB
{future}(BNBUSDT)
$DOGE
{future}(DOGEUSDT)
$WLFI
{future}(WLFIUSDT)