Binance Square
币毒
1.9k Posts

币毒

Square Verified+
非著名野生交易员/Web3投资人/现货/合约/套利,币安好友:u44444,推特:0xJustdu,微博:0x币毒,小红薯:cryptodu,新用户手续费减免邀请码「chaobi」(炒币的拼音)免费订阅VIP频道,关注点赞转发是对我最大的支持!
Top 30D Traders by Volume
Top 30D Traders by Volume
Top traders by profit in 30D
Top traders by profit in 30D
2025 Blockchain 100 — Video and Live Creator
2025 Blockchain 100 — Video and Live Creator
Open Trade
BNB Holder
BNB Holder
High-Frequency Trader
8.7 Years
103 Following
51.3K+ Followers
30.6K+ Liked
6 Badges
Posts
Portfolio
PINNED
·
--
Why open a fee rebate (commission back)? 1. When your position is in profit, the rebate is another part of your earnings. 2. When your position is flat, the rebate is your earnings. 3. When your position is losing or gets liquidated, the rebate can help you recover cash and start over. Many brothers think that because they only have a few hundred or a few thousand USDT, there’s no need to activate it. That’s because you don’t understand how trading fees are calculated. Fees are never based on your principal; they’re calculated based on the position size after leverage. For example, with 1000 USDT opening a 100x trade—when calculating the fee, the position size is 10,000 USDT (10w). And since opening a trade inevitably involves closing it, this order incurs at least 20,000 USDT (20w) in fees. Use the invitation code: chaobi (pinyin of “炒币”) to sync your trading strategy direction and ideas, and get full benefits + full service! Summary: Don’t underestimate the rebate. Each month you may save a few meals at a hot pot restaurant at the low end, or save tens of thousands at the high end. These are the capital we can use to rise again when things go bad. Registration link 🔗: [https://www.binance.com/join?ref=chaobi](https://www.binance.com/join?ref=chaobi) Also, Binance now supports adding friends for chat—welcome to bug me 🥰 Especially those bosses who haven’t met me yet and need the rebate. How to do it: On the Binance app homepage, everyone can search in the search bar: Search 🔍 Chat Room -> Add friend -> ID: u44444 Click to join the Binance exclusive chat room: [点击加入](https://app.binance.com/uni-qr/group-chat-landing?channelToken=tVy2rJOtCyoKIj9hkdOxJg&type=1&entrySource=sharing_link)
Why open a fee rebate (commission back)?
1. When your position is in profit, the rebate is another part of your earnings.
2. When your position is flat, the rebate is your earnings.
3. When your position is losing or gets liquidated, the rebate can help you recover cash and start over.

Many brothers think that because they only have a few hundred or a few thousand USDT, there’s no need to activate it. That’s because you don’t understand how trading fees are calculated. Fees are never based on your principal; they’re calculated based on the position size after leverage. For example, with 1000 USDT opening a 100x trade—when calculating the fee, the position size is 10,000 USDT (10w). And since opening a trade inevitably involves closing it, this order incurs at least 20,000 USDT (20w) in fees.

Use the invitation code: chaobi (pinyin of “炒币”) to sync your trading strategy direction and ideas, and get full benefits + full service!

Summary: Don’t underestimate the rebate. Each month you may save a few meals at a hot pot restaurant at the low end, or save tens of thousands at the high end. These are the capital we can use to rise again when things go bad.

Registration link 🔗: https://www.binance.com/join?ref=chaobi

Also, Binance now supports adding friends for chat—welcome to bug me 🥰
Especially those bosses who haven’t met me yet and need the rebate.

How to do it:
On the Binance app homepage, everyone can search in the search bar:
Search 🔍 Chat Room -> Add friend -> ID: u44444

Click to join the Binance exclusive chat room: 点击加入
·
--
A quick look at the early session on August 4: BTC at $63,300—flat over the past 24 hours; ETH at $1,848, down 1.2%; BNB at $588, up 0.7%; SOL at $73, basically trading sideways. The total market cap across the whole market is back around $2.25 trillion; BTC’s market share is 56.4%, and the capital still leans more defensive. My take is very simple: the overall market isn’t broken, but for altcoins to fully take off, it still needs one more step in terms of incremental inflows. Today, I’ll first watch whether BTC can keep holding above $63,000, then look at the next rotation.
A quick look at the early session on August 4: BTC at $63,300—flat over the past 24 hours; ETH at $1,848, down 1.2%; BNB at $588, up 0.7%; SOL at $73, basically trading sideways.

The total market cap across the whole market is back around $2.25 trillion; BTC’s market share is 56.4%, and the capital still leans more defensive. My take is very simple: the overall market isn’t broken, but for altcoins to fully take off, it still needs one more step in terms of incremental inflows. Today, I’ll first watch whether BTC can keep holding above $63,000, then look at the next rotation.
·
--
August 3 Morning News: The overall market is slightly warm today. BTC $63,257, ETH $1,872, BNB $584, SOL $73; the four major coins are all up slightly over the past 24 hours. The total market cap across the whole network has returned to around $2.25 trillion. Liquidity conditions are still relatively stable, suggesting that the market’s risk appetite has not clearly weakened. My take is that the market is still in a range-trading but upward-leaning rhythm. Don’t get carried away after a single bullish candle, and don’t lose position management while it’s moving sideways. First, watch whether BTC can continue to hold above $63,000. If it does, that’s when altcoins may have a better chance.
August 3 Morning News: The overall market is slightly warm today. BTC $63,257, ETH $1,872, BNB $584, SOL $73; the four major coins are all up slightly over the past 24 hours. The total market cap across the whole network has returned to around $2.25 trillion. Liquidity conditions are still relatively stable, suggesting that the market’s risk appetite has not clearly weakened.

My take is that the market is still in a range-trading but upward-leaning rhythm. Don’t get carried away after a single bullish candle, and don’t lose position management while it’s moving sideways. First, watch whether BTC can continue to hold above $63,000. If it does, that’s when altcoins may have a better chance.
·
--
Morning brief, take a bite: BTC $62,777, 24h -0.2%; ETH $1,844, -1.0%; BNB $574, -2.4%; SOL $72.03, -1.2%. Total market cap across the whole network is about $2.24 trillion. Today is still overall slightly choppy; major coins are modestly pulling back. Sentiment isn’t too bad, but it’s not the time to chase. First, keep an eye on whether BTC can continue to hold above $62k. If it can’t push higher, it will most likely keep grinding in the range.
Morning brief, take a bite: BTC $62,777, 24h -0.2%; ETH $1,844, -1.0%; BNB $574, -2.4%; SOL $72.03, -1.2%.

Total market cap across the whole network is about $2.24 trillion. Today is still overall slightly choppy; major coins are modestly pulling back. Sentiment isn’t too bad, but it’s not the time to chase. First, keep an eye on whether BTC can continue to hold above $62k. If it can’t push higher, it will most likely keep grinding in the range.
·
--
Passing by, brother—give me a few收藏 points, welcome to observe the trading, please do not follow the trades.
Passing by, brother—give me a few收藏 points, welcome to observe the trading, please do not follow the trades.
My Futures Portfolio
1 / 200
Minimum 10USDT
7D PNL
770.35
USDT
7D ROI
+8.27%
AUM
$10179.50
Win Rate
66.66%
·
--
August 1 Early News Report: The market first pulls back a step. BTC 62883 (-2.8%), ETH 1863 (-2.7%), BNB 588 (-0.4%), SOL 72.9 (-2.0%). The total market cap across the whole network is about $2.25 trillion, down 2.05% over 24 hours, but trading volume actually increased to $65.26 billion. On the news front, CoinDesk mentioned this morning that BTC is holding up against the July bearish factors, and in August it is likely to remain mostly range-bound. My understanding is: the main coin hasn’t crashed; sentiment is cautious—let’s first watch the consolidation as it digests the move.
August 1 Early News Report: The market first pulls back a step. BTC 62883 (-2.8%), ETH 1863 (-2.7%), BNB 588 (-0.4%), SOL 72.9 (-2.0%). The total market cap across the whole network is about $2.25 trillion, down 2.05% over 24 hours, but trading volume actually increased to $65.26 billion. On the news front, CoinDesk mentioned this morning that BTC is holding up against the July bearish factors, and in August it is likely to remain mostly range-bound. My understanding is: the main coin hasn’t crashed; sentiment is cautious—let’s first watch the consolidation as it digests the move.
·
--
I hit 10k on a single account. This time it’s all pure profit—the principal has been withdrawn. I realized that I’m just suited to quietly grind on my own. Every time someone follows/helps manage my trades, I feel pressure; once there’s pressure, my performance falls apart, and I start to deform/lose shape 🫠
I hit 10k on a single account. This time it’s all pure profit—the principal has been withdrawn. I realized that I’m just suited to quietly grind on my own. Every time someone follows/helps manage my trades, I feel pressure; once there’s pressure, my performance falls apart, and I start to deform/lose shape 🫠
My Futures Portfolio
1 / 200
Minimum 10USDT
7D PNL
770.35
USDT
7D ROI
+8.27%
AUM
$10179.50
Win Rate
66.66%
·
--
Ran, wow this thing fluctuates a lot. I don’t understand it or I’m not familiar with it, so I just took a small taste and ran.
Ran, wow this thing fluctuates a lot. I don’t understand it or I’m not familiar with it, so I just took a small taste and ran.
·
--
🎙️ [Beginner Hall • Ring Challenge Tournament EP23] - [Final Rankings Will Be Revealed Soon | Who Is the Summer Contract King? | Contract Challenge]
cover
End
01 h 06 m 51 s
2.7k
2
2
·
--
Want to leave ($SNDK ) and wondering what precautions should be taken? Brothers
Want to leave ($SNDK ) and wondering what precautions should be taken? Brothers
·
--
Morning news in one bite: the total market capitalization across the whole network has returned to $2.29 trillion, and the market action is still somewhat strong. BTC 64653, +1.6% in 24h; ETH 1914, +0.95%; BNB 590, +3.3%; SOL 74.4, +1.6%. Alts haven’t fully switched over yet, but major coins are gradually recovering. Short-term sentiment is steadier than the past couple of days. Today, first see whether BTC can keep holding above 64,000, don’t chase too urgently—waiting for a pullback will be more comfortable.
Morning news in one bite: the total market capitalization across the whole network has returned to $2.29 trillion, and the market action is still somewhat strong. BTC 64653, +1.6% in 24h; ETH 1914, +0.95%; BNB 590, +3.3%; SOL 74.4, +1.6%. Alts haven’t fully switched over yet, but major coins are gradually recovering. Short-term sentiment is steadier than the past couple of days. Today, first see whether BTC can keep holding above 64,000, don’t chase too urgently—waiting for a pullback will be more comfortable.
·
--
It’s basically confirmed that it’s over now Storage is falling—really, it’s no match for the copycat coins No matter if it’s $SNDK or $SKHYNIX or $MU After it’s over, you realize the outside is where the real storm rages If big tech companies continue to cut their AI investment, the storage sector really has got to trap a lot of people 😭
It’s basically confirmed that it’s over now
Storage is falling—really, it’s no match for the copycat coins
No matter if it’s $SNDK or $SKHYNIX or $MU
After it’s over, you realize the outside is where the real storm rages
If big tech companies continue to cut their AI investment, the storage sector really has got to trap a lot of people 😭
·
--
Several friends around me have also been wiped out again. Previously, when they got wiped out after trading crypto, because they were familiar with the market’s rhythm, they were usually able to recover in a very short time. But this time it’s different—we got wiped out by the U.S. stock market. How should I put it? The detours in life are never skipped. This time, the reason I managed to dodge this wave is that I had made a similar mistake before. After that, I realized that only the crypto market is my comfort zone—if I rashly enter other markets, I will inevitably have to pay tuition. The essence of trading is to preserve your principal and, under safe conditions, increase returns. Some risks don’t need to be taken.
Several friends around me have also been wiped out again. Previously, when they got wiped out after trading crypto, because they were familiar with the market’s rhythm, they were usually able to recover in a very short time. But this time it’s different—we got wiped out by the U.S. stock market.

How should I put it? The detours in life are never skipped. This time, the reason I managed to dodge this wave is that I had made a similar mistake before. After that, I realized that only the crypto market is my comfort zone—if I rashly enter other markets, I will inevitably have to pay tuition.

The essence of trading is to preserve your principal and, under safe conditions, increase returns. Some risks don’t need to be taken.
·
--
Check in early. BTC $63,558, ETH $1,893, BNB $570, SOL $73, and most of them are experiencing slight pullbacks over the past 24 hours. The total market cap across the entire network is about $2.26 trillion, with a 24h trading volume of roughly $66.7 billion. The market still looks more like consolidation and range-bound action—I don’t see a particularly strong direction yet. Today feels more like a wait-for-the-next catalyst kind of rhythm. My sense is: as long as BTC holds around the 63,000 area, altcoins will have room to breathe; don’t chase wildly through all the back-and-forth needle moves.
Check in early. BTC $63,558, ETH $1,893, BNB $570, SOL $73, and most of them are experiencing slight pullbacks over the past 24 hours. The total market cap across the entire network is about $2.26 trillion, with a 24h trading volume of roughly $66.7 billion. The market still looks more like consolidation and range-bound action—I don’t see a particularly strong direction yet. Today feels more like a wait-for-the-next catalyst kind of rhythm. My sense is: as long as BTC holds around the 63,000 area, altcoins will have room to breathe; don’t chase wildly through all the back-and-forth needle moves.
·
--
The money for meals has come in. During the day, I’ll just have a quick quickplay and mess around. My views remain unchanged: the real main event is the U.S. stock market at night. Whether it’s $SNDK or $MU $SKHYNIX —these storage-sector themes are, in the long run, still worth investing in. But the surge so far this year has been a bit too outrageous. As major manufacturers expand their capacity, the market will eventually return to rationality. Still, I remain bullish over the long term. With solid fundamentals, for example, what SanDisk is facing right now is a bunch of trapped positions. If you’re chasing shorts, you’re already around the 1000 area—so the price-performance isn’t that great. After all, it’s about looking longer-term rather than just making short-term bets. The demand in this track is real, so the idea is to look for opportunities to ride a rebound, take profits when it’s good, and as prices gradually normalize, accumulating spot holdings is the main storyline. For small capital, the goal is to find rebound opportunities. If it breaks down and accelerates, that’s when you can enter. Around 1000 is the dividing line—it’s both many people’s stop-loss level and many people’s buy-in level. The tug-of-war here should be quite精彩.
The money for meals has come in. During the day, I’ll just have a quick quickplay and mess around. My views remain unchanged: the real main event is the U.S. stock market at night. Whether it’s $SNDK or $MU $SKHYNIX —these storage-sector themes are, in the long run, still worth investing in. But the surge so far this year has been a bit too outrageous. As major manufacturers expand their capacity, the market will eventually return to rationality. Still, I remain bullish over the long term.

With solid fundamentals, for example, what SanDisk is facing right now is a bunch of trapped positions. If you’re chasing shorts, you’re already around the 1000 area—so the price-performance isn’t that great. After all, it’s about looking longer-term rather than just making short-term bets. The demand in this track is real, so the idea is to look for opportunities to ride a rebound, take profits when it’s good, and as prices gradually normalize, accumulating spot holdings is the main storyline.

For small capital, the goal is to find rebound opportunities. If it breaks down and accelerates, that’s when you can enter. Around 1000 is the dividing line—it’s both many people’s stop-loss level and many people’s buy-in level. The tug-of-war here should be quite精彩.
·
--
Today storage prices have dropped to this extent. I opened JD.com intending to buy the dip—memory, SSDs, all that. But I found prices haven’t gone down at all. Turns out it’s not that stock prices are lacking; it’s that storage capacity is in short supply.
Today storage prices have dropped to this extent. I opened JD.com intending to buy the dip—memory, SSDs, all that. But I found prices haven’t gone down at all. Turns out it’s not that stock prices are lacking; it’s that storage capacity is in short supply.
JDUS-0.57%
·
--
What’s going on today... Refresh the square and all you see are people who are long on SanDisk $SNDK and stuck. Didn’t you expect that when the US stock market drops, it’s just like altcoins—everything trading without a stop-loss is a required lesson. Storing this narrative is fine, but at this point, if there hasn’t been a strong rebound yet, then for now we should hold psychologically at 1000 and stabilize sideways instead of dropping. It’s not yet time to push positions in. Wait patiently—when acceleration shows up, brothers, you can then add into the position. #韩国KOSPI暴跌11%因中国DUV威胁 {future}(SNDKUSDT)
What’s going on today... Refresh the square and all you see are people who are long on SanDisk $SNDK and stuck.

Didn’t you expect that when the US stock market drops, it’s just like altcoins—everything trading without a stop-loss is a required lesson.

Storing this narrative is fine, but at this point, if there hasn’t been a strong rebound yet, then for now we should hold psychologically at 1000 and stabilize sideways instead of dropping. It’s not yet time to push positions in. Wait patiently—when acceleration shows up, brothers, you can then add into the position. #韩国KOSPI暴跌11%因中国DUV威胁
·
--
Early, the order book is still relatively stable. BTC 63918 (+0.8%), ETH 1916 (+2.1%), BNB 571 (+1.1%), SOL 73.8 (+0.1%). The total market cap across the entire network has returned to $2.27 trillion, up slightly 0.7% over the past 24 hours, though volume is a bit lower than yesterday. My take is: Big BTC hasn’t lost momentum, and altcoins haven’t continued to get hammered—so the market is still more in a range-bound phase with a tendency toward recovery. Don’t rush to chase today; first see whether BTC can hold above 64,000, then decide how to adjust your position.
Early, the order book is still relatively stable. BTC 63918 (+0.8%), ETH 1916 (+2.1%), BNB 571 (+1.1%), SOL 73.8 (+0.1%). The total market cap across the entire network has returned to $2.27 trillion, up slightly 0.7% over the past 24 hours, though volume is a bit lower than yesterday.

My take is: Big BTC hasn’t lost momentum, and altcoins haven’t continued to get hammered—so the market is still more in a range-bound phase with a tendency toward recovery. Don’t rush to chase today; first see whether BTC can hold above 64,000, then decide how to adjust your position.
·
--
Verified
As I mentioned before, what really matters for stablecoins isn’t the issuance amount, but whether the ecosystem keeps creating demand for it and expanding use cases. Recently, Binance has once again extended the USD1 × WLFI promotion to August 7, and I think this actually sends a signal—that the official side is still continuously pouring resources into it. The rules are still simple. Holding $USD1 lets you receive a reward of $WLFI . If you maintain 300+ USD1 contract OI every day, the reward can be increased by another 1.2x. Based on current calculations, the APR is roughly 5.56%, and the rewards pool is still 165 million WLFI. I’ve always felt that the biggest fear for a stablecoin is having nobody use it. As long as more transaction, wealth-management, and incentive scenarios keep coming in, its demand will become increasingly stable. So compared to APR, I care more about whether Binance and WLFI are still continuously providing application scenarios for #USD1 —which may be more important than the promotion itself.
As I mentioned before, what really matters for stablecoins isn’t the issuance amount, but whether the ecosystem keeps creating demand for it and expanding use cases.

Recently, Binance has once again extended the USD1 × WLFI promotion to August 7, and I think this actually sends a signal—that the official side is still continuously pouring resources into it.

The rules are still simple.

Holding $USD1 lets you receive a reward of $WLFI . If you maintain 300+ USD1 contract OI every day, the reward can be increased by another 1.2x.

Based on current calculations, the APR is roughly 5.56%, and the rewards pool is still 165 million WLFI.

I’ve always felt that the biggest fear for a stablecoin is having nobody use it. As long as more transaction, wealth-management, and incentive scenarios keep coming in, its demand will become increasingly stable.

So compared to APR, I care more about whether Binance and WLFI are still continuously providing application scenarios for #USD1 —which may be more important than the promotion itself.
·
--
The market hasn’t been too easy to work with lately—funds are moving out, and trading activity is cooling down. Everyone can feel this from their own market sense. According to CoinDesk Research, since July the 77 exchanges they tracked have seen an overall net outflow of nearly $1 billion. Yet Binance is still recording a net inflow of $36.9 million. When the broader environment is effectively bleeding, being able to attract funds against the tide isn’t something you can shout into existence—it’s mostly users voting with real money. More importantly, Binance isn’t just strong at one point. It stays steady across several core dimensions. Its CEX reserve assets account for roughly 55% of the share, spot trading about 24%, perpetual contract trading about 36%, and open interest contracts about 22%. This suggests that even though the market is shrinking, when users truly need to trade, truly need to provide liquidity, and truly need depth, their first instinct will still be to go back to Binance. Data from The Block is also quite direct. Binance is still one of the platforms with the largest stablecoin reserve size in the industry, and its USDT and USDC reserve ratios are both above 100%. There’s one more point I think many people overlook. That is: when the market becomes even less stable, what people ultimately compete on isn’t who’s running more activities or who has bigger hype—but this: whether you dare to put your money here.
The market hasn’t been too easy to work with lately—funds are moving out, and trading activity is cooling down. Everyone can feel this from their own market sense.

According to CoinDesk Research, since July the 77 exchanges they tracked have seen an overall net outflow of nearly $1 billion. Yet Binance is still recording a net inflow of $36.9 million. When the broader environment is effectively bleeding, being able to attract funds against the tide isn’t something you can shout into existence—it’s mostly users voting with real money.

More importantly, Binance isn’t just strong at one point. It stays steady across several core dimensions.

Its CEX reserve assets account for roughly 55% of the share, spot trading about 24%, perpetual contract trading about 36%, and open interest contracts about 22%. This suggests that even though the market is shrinking, when users truly need to trade, truly need to provide liquidity, and truly need depth, their first instinct will still be to go back to Binance.

Data from The Block is also quite direct. Binance is still one of the platforms with the largest stablecoin reserve size in the industry, and its USDT and USDC reserve ratios are both above 100%.

There’s one more point I think many people overlook.

That is: when the market becomes even less stable, what people ultimately compete on isn’t who’s running more activities or who has bigger hype—but this: whether you dare to put your money here.
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Sitemap
Cookie Preferences
Platform T&Cs