Does the leverage nourish the encryption gathering?

The Crypto Destroyers Market returns to life, as the Binance Futures increased, as the monthly trading volume rose up to $ 1.04 trillion, as it was ups on $ 962 billion in February and 683 billion dollars.

This growth in the activity coincided with another bitcoin rise from the level of 85,000 dollars to more than $ 94,000, which sparked a new discussion about the role of the leverage in fueling the latest price increase.

The hegemony of Beans

Cryptoquant ja maartun first reported the rapid rise in the Binance Futures size activity. he male The volume of futures in April had exceeded February and March groups, although a few days remain before the month. According to him, only January $ 1.23 trillion ranked up in 2025.

Not only did the growth in Binance, where competitors such as OKX and Bybit are also recorded large nails. OKX 519.9 billion dollars recorded in size, a significant improvement from $ 427 billion and 306.7 billion dollars in February and March, respectively.

Bitget follows closely, jumping to $ 435.4 billion from $ 270.6 billion in treatment last month. On the other hand, the volume of BYBIT futures in April exceeded $ 409 billion, which is a significant improvement in its numbers in March, at a value of $ 248.4 billion.

The flow comes at the same time that Bitcoin is witnessing a sharp recovery in its price. Last week, the first cryptocurrency increased from about $ 85,000 to levels above 94,700 dollars earlier today.

This step, which is approximately 12 %, is also unveiled in a very active trading window, as the aggressive bince activity, buys the market that fills selling orders at prevailing prices, a dominant role.

Over the course of last month, the Taker’s purchase/sale/sale rate on the platform increased about 19 %, with a period of 7 days by 6.2 %. This has led to a net amount of approximately $ 62 million, which is the highest in weeks, and a strong indication that confident buyers are now leading the market’s list.

The ups of my bullish or a feverish gathering?

However, below this euphoria at the surface level, more accurate and cautious feelings fall, especially when examining the behavior of their owners in the short term (STH) and miners. Marton to publish Amazing data point has been sent to X, which shows more than 47000 BTC to exchanges in a 24 -hour window by Sths looking to make a profit.

The broader wave of strategic sale via the ecosystem for encryption also adds to the profit of profit. As mentioned before CryptopotatoBTC miners got about $ 18.6 million, as the original price approached 93,000 dollars. Ethereum whales were not less restricted, which unloaded more than 305,000 ETH at approximately $ 540 million for exchanges over the past week.

Some observers feel that these simultaneous moves can indicate hidden from doubt about the sustainability of the current gatherings facing cryptocurrencies, even with high prices.