Binance: NVDA Perps Print 4.2% Low on Weekend
Binance Research noted that NVDAUSDT perpetuals hit a 4.2% low versus the prior US close during Nvidia management uncertainty, while Binance captured 44% of top-8 perpetual volume at $360.35M and 30.1% of open interest at $90.57M.
SourceAnalysis
Binance perpetuals delivered early price discovery for Nvidia over the weekend as management uncertainty surfaced while US equity markets stayed closed. NVDAUSDT printed a −4.2% low against the last US close. In the past 24 hours Binance led the top eight venues with $360.35M in NVIDIA perpetual volume, equal to 44% share, and $90.57M in open interest, equal to 30.1% share.
CZ_BNB
@cz_binanceFounder and former CEO of Binance, the world's largest cryptocurrency exchange. Shares insights on cryptocurrency adoption, blockchain technology development, and personal perspectives on building in the Web3 space, while navigating regulatory challenges and industry evolution.