๐จ Crypto News Today: Binance Futures Volume Hits $2.55 Trillion in July โ Highest in 6 Months! ๐๐ฅ
โ Key Highlights:
โ Binance futures volume surged to $2.55T, leading the global derivatives market with 50%+ share.
โ Peak daily volume hit $134B on July 18 โ the biggest in 4 months!
โ Bitcoin futures OI still high at $79B (down from $88B), signaling leverage risk.
โ OKX & Bybit followed with $1.09T and $929B, but Binance dominates.
๐ Why This Matters:
Derivatives drive market momentum, price discovery & volatility. High OI = leverage risk & possible liquidations.
๐ฌ Whatโs your take? Is this a bullish signal or a leverage trap? ๐
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