Binance: Nvidia Perps Hit -4.2% Low on Uncertainty
Binance Research noted that management uncertainty at Nvidia drove NVDAUSDT perps to a -4.2% low versus the last US close, with Binance capturing $360.35M in 24-hour volume and $90.57M in open interest.
SourceAnalysis
Management uncertainty at Nvidia emerged over the weekend. With US stocks closed, stock perps provided early price discovery — Binance NVDAUSDT printed a −4.2% low vs the last US close ahead of the US reopen. Over the past 24h, Binance ranked #1 in NVIDIA perpetual volume (US$360.35M, 44% of the top 8) and #1 in open interest (US$90.57M, 30.1% of the top 8).
Binance Research
@BinanceResearchAs the official research arm of Binance, this account publishes institutional-grade analysis and in-depth reports on digital assets, blockchain ecosystems, and Web3 technologies. The content delivers data-driven insights into market trends, protocol developments, and macroeconomic factors influencing the cryptocurrency industry.