📈 Binance Futures Volume Hits $2.55T — 6-Month High
Crypto derivatives are back in action!
In July, Binance recorded $2.55 trillion in futures volume — its highest since January — as Bitcoin and altcoins saw major volatility.
🧨 Altcoins + BTC price swings drove traders back in
📊 Binance dominates with over 50% of all derivatives volume
🔁 Open Interest remains high at $79B, signaling ongoing leverage
⚠️ But beware: historically, high OI often precedes leverage flushouts
> More futures = more volatility = more opportunity… or risk?