JA Maartun: Binance's monthly futures trading volume rises to $1.6 trillion, reaching a new high for the year

CryptoQuant analyst JA Maartun pointed out that the monthly futures trading volume of Binance has risen to $1.6 trillion, reaching a peak this year. This growth occurred against the backdrop of cautious market sentiment, BTC still fluctuating in the mid $60000 range, Europe adapting to MiCA regulations, and a slowdown in summer holiday trading. Analysis suggests that the surge in futures trading volume reflects that traders are still actively building positions, and there is a significant gap between market sentiment and actual participation in derivatives.