Binance Dominates the ETH Futures Market
When ETH fell below the $1500 mark in early April, Open Interest on Binance reached $2.8 billion.
And four months later, nearly $10 billion OI was transferred to the exchange, coinciding with a shift in the broader market trend of ETH.
Binance set a new ATH record this year, with ETH Futures volume exceeding $4 trillion, surpassing 2024's figure of approximately $3.7 trillion.
In the derivatives space, Binance clearly remains the ideal destination for whales thanks to its good liquidity. Like a loop that always complements each other, maintaining Binance's dominance over its competitors.