Bitcoin has recently hit new all-time highs, causing the futures market to overheat, especially the BTC/USDT pair. Trading volumes on centralized exchanges, both spot and futures, reached new heights. Binance leads with the largest volume in futures trading.

In recent days, the total volume of BTC/USDT futures trading on major centralized crypto exchanges has reached $129 billion, of which $50.2 billion is accounted for by Binance.

What does this mean?

When the Bitcoin derivatives market overheats, it can lead to increased volatility. While this may temporarily increase demand, minor pullbacks and sharp fluctuations often follow. Investors should be careful, avoid hasty decisions and wait for price stability.