Analyst: Binance monthly futures trading volume rises to $1.6 trillion, hitting yearly high

CoinFeed July 11 news, CryptoQuant analyst JA Maartun pointed out that Binance's monthly futures trading volume has risen to $1.6 trillion, hitting a peak this year. This growth occurred against a backdrop of cautious market sentiment, BTC still oscillating in the mid-$60,000 range, Europe adapting to MiCA regulations, and typically slower trading during summer holidays. The analysis suggests that the surge in futures trading volume indicates traders are still actively building positions, and there is a clear divergence between market sentiment and actual derivatives participation. Attention should be paid to whether this divergence persists.