Ether Futures Volume Surpasses Bitcoin Amid Rising BNB Activity and Shifting USDT Flows

Key Points

1. Ether’s futures volume dominance over Bitcoin is the largest on record, with open interest nearing 40%, indicating a significant shift in trader positioning.

2. USDT transfers on Tron have surged, with Binance accounting for 62% of daily volumes ranging between $2.5 and $3 billion, suggesting capital flow into altcoins.

3. BNB’s price has outperformed Bitcoin, rising 7.4% in the past week, supported by institutional moves like Nano Labs’ $105 million BNB treasury acquisition.

4. USDT reserves on exchanges have declined from $45 billion in February 2025 to $36 billion, indicating funds are moving into altcoins like ETH and BNB.

5. The shift in futures volume and stablecoin flows reflects broader market rotation towards altcoins, with potential implications for market volatility and liquidity.