CryptoQuant says Binance monthly futures volume tops $1.6 trillion
CryptoQuant analyst maartunn said Binance’s monthly futures trading volume has exceeded $1.6 trillion, setting a new high for the year. The update comes with Bitcoin still hovering around $60,000 and overall market sentiment remaining cautious. According to the post, many traders still describe the market as bearish. The report also noted that Europe is still adjusting to the Markets in Crypto-Assets, or MiCA, regulatory framework, while the summer holiday period usually slows trading activity. Even so, Binance’s derivatives business has continued to show strength. The jump in volume suggests that traders are still actively using Binance’s futures market despite restrained sentiment and seasonal softness in broader activity.








