Binance Futures Volume Soars Past $1T: Is Leverage Fueling the Crypto Rally?

Description

The crypto derivatives market is roaring back to life, with Binance Futures leading the charge as its latest monthly trading volume surged past $1.04 trillion, eclipsing February’s $962 billion and March’s $683 billion. This growth in activity has coincided with Bitcoin’s latest rise from the $85,000 level to beyond $94,000, sparking fresh debate over the role of leverage in fueling the latest price run-up. Binance’s Dominance CryptoQuant analyst JA Maartun first reported the rapid uptick in Bin...