The Z-Score indicator for the open trading volume of Ethereum futures contracts (traded over a 30-day period) on the Binance platform points to relative stability in the Ethereum futures market, with the indicator around 0.43. This level suggests that the open trading volume is currently higher than its 30-day moving average, but it has not reached extreme levels that would indicate rising risks or increased leverage.
The data shows that the total open trading volume is about $4.71 billion, compared with a 30-day moving average of $4.62 billion, with a standard deviation of roughly $201.8 million. Meanwhile, Ethereum is trading near $1907, reflecting relative stability in price movement alongside ongoing activity in the derivatives market.
A Z-Score below 1 indicates that the increase in open trading volume is still within normal historical ranges and has not reached the values that typically point to excessively active market conditions. Higher readings—especially those above 2 or 3—are often associated with increased leverage and a greater likelihood of sharp price fluctuations, which is not shown in the current data $ETH
The data shows that the total open trading volume is about $4.71 billion, compared with a 30-day moving average of $4.62 billion, with a standard deviation of roughly $201.8 million. Meanwhile, Ethereum is trading near $1907, reflecting relative stability in price movement alongside ongoing activity in the derivatives market.
A Z-Score below 1 indicates that the increase in open trading volume is still within normal historical ranges and has not reached the values that typically point to excessively active market conditions. Higher readings—especially those above 2 or 3—are often associated with increased leverage and a greater likelihood of sharp price fluctuations, which is not shown in the current data $ETH