โฟ BTC JUST DID $8.71B IN SPOT VOLUME IN 24H ๐
Bitcoin has just recorded a total spot trading volume of $8.71B over the past 24 hours across the entire market.
Top exchanges:
โ Binance: $2.117B
โ Coinbase: $1.222B
โ Gate: $1.113B
ETH is also extremely hot:
โ ETH spot volume: $6.193B
โ ETH perp/futures volume: $96.888B ๐
โ ETH open interest: ~$29.388B
โ Binance ETH OI: $7.97B
โ Gate ETH OI: $2.60B
Most notably, ETH derivatives are many times larger than spot volume.
ETH traders:
โSpot? Nah.โ
โGive me 20x.โ ๐
Meanwhile, BTC spot volume is seeing a strong surge, as BTC just reclaimed $70K and a short squeeze is underway.
If spot volume continues while derivatives OI doesnโt get too overheated, this pump will be much more trustworthy.
But if OI keeps skyrocketing...
Market is loading the next liquidation screenshot. ๐
Brothers, do you think this is real money flowing back, or just a short squeeze + leverage inflating the volume?
$BTC #ETH
$ETH
Bitcoin has just recorded a total spot trading volume of $8.71B over the past 24 hours across the entire market.
Top exchanges:
โ Binance: $2.117B
โ Coinbase: $1.222B
โ Gate: $1.113B
ETH is also extremely hot:
โ ETH spot volume: $6.193B
โ ETH perp/futures volume: $96.888B ๐
โ ETH open interest: ~$29.388B
โ Binance ETH OI: $7.97B
โ Gate ETH OI: $2.60B
Most notably, ETH derivatives are many times larger than spot volume.
ETH traders:
โSpot? Nah.โ
โGive me 20x.โ ๐
Meanwhile, BTC spot volume is seeing a strong surge, as BTC just reclaimed $70K and a short squeeze is underway.
If spot volume continues while derivatives OI doesnโt get too overheated, this pump will be much more trustworthy.
But if OI keeps skyrocketing...
Market is loading the next liquidation screenshot. ๐
Brothers, do you think this is real money flowing back, or just a short squeeze + leverage inflating the volume?
$BTC #ETH
$ETH