In today’s briefing:
- Binance Volume Recovers Despite Mass Outflows
Binance Volume Recovers Despite Mass Outflows
- Price Movements: Binance’s BUSD stablecoin, BNB token, and staking token bETH have had a volatile week amid mass withdrawals.
- Market Liquidity: Throughout December, BTC market depth on Coinbase has increased 46% while on Binance, depth is down 5%.
- Derivatives: Open interest for BTC and ETH perpetual futures has nearly halved since November.
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