Markets· ★★★· bearish·

CryptoQuant warns Binance BTC volume is 90% futures, recovery looks fragile

  • —Futures account for about 90% of BTC volume on Binance
  • —Spot-to-futures volume ratio on Binance sits near 0.12
  • —Binance open interest dropped from $10.6B to $9.2B in a week
  • —Spot demand remains weak despite falling positions
Why it matters: Without stronger spot buying, Bitcoin's rebound stays speculative and could unwind quickly.
#BTC
Source: Koin Bülteni
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