[Analysis] "Binance Captures 87% of Bitcoin Futures Trading Volume"

Uk Jin

Summary

According to a CryptoQuant report, Binance accounts for 87% of the global Bitcoin futures trading volume.
It was stated that on the active Binance exchange, order book liquidity and capital flows can be monitored effectively.
It was reported that the market order volume of competing exchanges OKX, Deribit, BitMEX, and Bybit is only about 10%.

Binance, the world's largest virtual asset (cryptocurrency) exchange, has been found to virtually dominate the global futures market.

On the 1st (Korean time), CryptoQuant contributor Matteo stated in a report, "Binance commands 87% of global market order buy volume, leading the market," and added, "On actively traded exchanges, one can effectively monitor order book liquidity levels and capital flows."

The market order volume of competing exchanges OKX, Deribit, BitMEX, and Bybit accounted for only about 10%.

BTC

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.

[Analysis] "Binance Captures 87% of Bitcoin Futures Trading Volume"

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