paodun
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Binance contract trading activity has significantly increased in the past 24 hours. According to CoinGecko data, Binance futures trading volume reached approximately $71.1 billion, an increase of over 55% compared to the previous day, with open interest at about $26 billion. The ETH/USDT trading pair contributed the most, with a single pair volume exceeding $18.3 billion, reflecting strong leverage demand amid market volatility.
In terms of liquidation, the total liquidation amount across the network's derivatives is about $541 million, affecting over 150,000 traders, mainly due to the liquidation of long positions for both shorts and longs. Specifically, Ethereum had liquidations of $167 million, Bitcoin $159 million, and Solana $31 million. As the leading platform, Binance bears most of the liquidation pressure, and the dominance of long positions in liquidations indicates that the market correction targets bullish expectations.
Hot topics include increased uncertainty in year-end market trends, and macro factors along with institutions reducing leverage are driving volatility. Analysts say that the liquidation wave may wash out excessive leverage, with short-term oversold signals emerging, but caution is needed for further downside. Contract players are advised to enforce strict risk control, use stop-losses, avoid high leverage, and pay attention to changes in open interest to seize potential rebound opportunities.
Overall, the Binance contract ecosystem still dominates the market, and high volatility at year-end may bring more opportunities and risks.
$BTC
{future}(BTCUSDT)
$ETH
{future}(ETHUSDT)
$BNB
{future}(BNBUSDT)
In terms of liquidation, the total liquidation amount across the network's derivatives is about $541 million, affecting over 150,000 traders, mainly due to the liquidation of long positions for both shorts and longs. Specifically, Ethereum had liquidations of $167 million, Bitcoin $159 million, and Solana $31 million. As the leading platform, Binance bears most of the liquidation pressure, and the dominance of long positions in liquidations indicates that the market correction targets bullish expectations.
Hot topics include increased uncertainty in year-end market trends, and macro factors along with institutions reducing leverage are driving volatility. Analysts say that the liquidation wave may wash out excessive leverage, with short-term oversold signals emerging, but caution is needed for further downside. Contract players are advised to enforce strict risk control, use stop-losses, avoid high leverage, and pay attention to changes in open interest to seize potential rebound opportunities.
Overall, the Binance contract ecosystem still dominates the market, and high volatility at year-end may bring more opportunities and risks.
$BTC
{future}(BTCUSDT)
$ETH
{future}(ETHUSDT)
$BNB
{future}(BNBUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BNB
848.52
-0.14%
