### Upcoming Changes for OCEAN, AGIX, and FET Futures Contracts
OCEAN, AGIX, and FET are set to merge soon. Here are some important updates about their futures contracts:
#### Key Dates and Actions:
- **June 25, 2024, at 9:00 UTC:** The USD-m Perpetual Contracts for OCEAN, AGIX, and FET will be closed automatically.
- **Post-closure:** These contracts will be delisted after settlement, so you won't need to close your positions manually.
- **June 25, 2024, at 8:30 UTC:** You won't be able to open new positions from this time. This 30-minute gap may limit control over your positions, especially if you use hedge mode strategies.
#### Market Expectations and Cautions:
- **Volatility:** Binance expects very volatile market conditions and will take protective measures like adjusting maximum leverage and position values.
- **Recent Market Behavior:** OCEAN's price has recently dropped significantly. This volatility could lead to either a quick price rise or a further drop.
#### Trading Advice:
- **Manage Positions Carefully:** If you have long or short positions, be very cautious. Expected volatility could mean big gains or significant losses.
- **Be Prepared for Market Movements:** Rapid price changes could happen, so stay alert and be ready for both increases and decreases.
Trade carefully and keep updated on the latest news to navigate these changes effectively.$BNB #BinanceTournament $ETH