Global Stock News

Inside Binance’s Gold And Oil Rush — Are Whales Bracing For A Crypto Shock? — TradingView News

Inside Binance’s Gold And Oil Rush — Are Whales Bracing For A Crypto Shock? — TradingView News

Gold (XAU) and silver (XAG) futures have climbed into the top five by trading volume on Binance Futures.

Binance Metal Rush Doesn’t Leave Crypto Behind

Just weeks after Binance rolled out gold and silver perpetual futures settled in USDT, the cumulative volume across the metals contracts already reached the tens of billions of dollars, a CryptoQuant report from yesterday claims.

However, CryptoQuant’s analyst Marteen assures that Binance is still overwhelmingly crypto‑native. Bitcoin leads the futures volume around the low‑$20‑billion range with Ethereum following behind at $18.1B and Solana at a distant third at $3.0B. But the metals’ rise into the top bucket shows non‑crypto assets are no longer a sideshow. Gold is already…

Source link

Share this article

Scroll to Top