$BNB PERP OI IS EXPANDING
Binance’s perpetual open interest has climbed strongly through Q3, with a $12.7B QoQ increase.
The bigger picture: leverage is returning, and Binance remains the dominant venue by OI.
Rising OI can support stronger trends, but it also means more positions are vulnerable to liquidation.
For me, the key is whether this leverage comes with spot demand or simply crowded positioning. @BINANCE #Binance #Crypto #BNB
Binance’s perpetual open interest has climbed strongly through Q3, with a $12.7B QoQ increase.
The bigger picture: leverage is returning, and Binance remains the dominant venue by OI.
Rising OI can support stronger trends, but it also means more positions are vulnerable to liquidation.
For me, the key is whether this leverage comes with spot demand or simply crowded positioning. @BINANCE #Binance #Crypto #BNB