Record Levels in Binance Futures!
Especially after the attack of retail customers against Binance Futures, record levels were seen.
Record levels were seen in
Binance futures. Binance Futures, known as the derivative transactions platform of the Binance exchange, continues to increase its recognition, especially with the attack of its retail customer.
According to current data, Binance Futures, the derivative transactions platform of the exchange, rose to a peak on Saturday with an open interest value of more than $ 10 billion. The rate of increase of the platform in a year reached an incredible 3.900 percent.
Open interest rates or derivative transaction values indicate an increase in money entry into the market.
Some analysts think
Binance and retail investor are almost synonymous. In this direction, Glassnode founders Jan Happel and Jann Allemann are of the opinion that the retail entry values in the market can be seen with the figures on the Binance exchange.
Therefore, it would not be wrong to say that this increase in Binance reflects the recognition of the crypto space to a large extent and the interest of the retail investor in cryptocurrencies.
Binance Futures started its operations by opening a transaction on the BTC / USDT parity in September 2019. The platform, which has grown steadily since this date, currently provides trading in over 180 parities.
In its current form, Binance is the exchange with the largest Bitcoin open futures value. The Binance Futures platform holds 18.44 percent of the total Bitcoin open futures value, at $ 4.33 billion.