1 hour ago
2
Key Takeaways
- Binance ETH perp volume hit 5.57M units vs 290K spot – Perp-Spot Imbalance at 0.90, near ATH.
- 30-day Z-score of 2.53 confirms the derivatives-spot divergence is historically abnormal.
- Binance ETH open interest reached a new all-time high of 3.7M ETH, holding 44% market share.
- Weekly Taker Buy/Sell Ratio moved from 0.95 to 1.16, buy-side flow has caught up with sellers.
On Binance, ETH perpetual futures volume has reached approximately 5.57 million units while spot market volume sits at just 290,000 units. The ratio between the two has pushed the Perp-Spot Imbalance indicator to 0.90, near its all-time high. The 30-day Z-score of 2.53 confirms this divergence is not a temporary fluctuation. A Z-score above 2.0 means the current reading sits more than two standard deviations above the recent historical mean, and statistically, this is significantly outside normal market behavior.
English (US)