Analysts: Binance Bitcoin futures cumulative trading volume approaches $800 trillion

CoinFeed reported on June 16th that CryptoQuant analyst Darkfost published an article on the X platform stating that the recent pullback in Bitcoin, from approximately $82,000 to below $60,000, has significantly increased speculative activity in the derivatives market. Since the beginning of June, Binance futures daily trading volume has reached peaks of $39.5 billion and $35.5 billion. In early February, when Bitcoin fell below $60,000, it exceeded $42 billion in a single day. In comparison, Binance spot daily trading volume has increased from approximately $1.5 billion to $4-5 billion, but is still far below the peak of over $10 billion in early February. Darkfost pointed out that Binance Bitcoin futures cumulative trading volume has approached $800 trillion, exceeding the valuation of global annual GDP and the global real estate market.