Binance Futures Trading Volume Surges to Five Times Spot Activity, Marking a Significant Shift in Trader Behavior
The Binance Spot to Futures Ratio has reached an unprecedented high of 4.9, the highest level in 18 months, indicating a major shift in trader behavior as futures trading volume now surpasses spot activity by nearly five times. This milestone, last seen in late 2023, highlights a dramatic change in market dynamics. The surge in futures dominance follows Binance’s decision to discontinue zero-fee spot trading, which has significantly altered trading patterns on the platform.
Binance Spot to Futures Ratio Hits All-Time High, Signaling Shift in Trader Behavior
The Binance Spot to Futures Ratio has surged to 4.9, its highest level in 18 months, as futures trading volume now dwarfs spot activity by nearly fivefold. Data from CryptoQuant reveals this milestone, last observed in late 2023, reflects a dramatic pivot in market participation.
Exchange flow trends show futures dominance accelerating after Binance discontinued zero-fee spot trading. The move triggered a migration of capital into Leveraged products, setting the stage for potential volatility. Market structure appears increasingly derivatives-driven, with institutional players likely contributing to the imbalance.
World Liberty Financial and Binance’s CZ Reject Claims in Trump-Linked Project Scandal
World Liberty Financial has categorically denied allegations that Binance founder Changpeng Zhao acted as a foreign intermediary for a DeFi platform associated with former President Donald Trump. The Wall Street Journal’s report, which suggested Zhao facilitated overseas connections for the project, was swiftly dismissed by both parties as baseless and politically motivated.
Zak Folkman, co-founder of World Liberty Financial, publicly refuted the claims, calling them absurd and emphasizing Zhao’s lack of involvement in the company’s international operations. The controversy highlights the growing scrutiny of cryptocurrency ventures with political ties, particularly those leveraging decentralized finance protocols.
