﻿ChainCatcher 消息，CryptoQuant 分析师表示，过去一个月币安稳定币流入量创下 102 亿美元历史新高。这一激增表明，一系列交易活动越来越依赖币安，包括购买比特币和山寨币，以及参与期货市场。

ChainCatcher 消息，CryptoQuant 分析师表示，过去一个月币安稳定币流入量创下 102 亿美元历史新高。这一激增表明，一系列交易活动越来越依赖币安，包括购买比特币和山寨币，以及参与期货市场。

CryptoQuant：过去一个月币安稳定币流入量 102 亿美元，创历史新高

According to ChainCatcher news, CryptoQuant analysts stated that the inflow of <Binance stablecoins> reached a historical high of $10.2 billion in the past month. This surge indicates that a series of trading activities are increasingly relying on <Binance>, including the purchase of Bitcoin and <Altcoins>, as well as participation in the futures market.

According to ChainCatcher news, CryptoQuant analysts stated that the inflow of Binance stablecoins has reached a historic high of $10.2 billion in the past month. This surge indicates that a series of trading activities are increasingly relying on Binance, including the purchase of Bitcoin and Altcoins, as well as participation in the futures market.

CryptoQuant: Binance stablecoin inflows hit a record high of $10.2 billion in the past month

PANews reported on November 22 that, according to <The Block>, the Ethereum derivatives market may be sending bullish signals, as the open interest in futures contracts surged over 12% on Friday to a record $20.8 billion. According to a report by <CryptoQuant>, the Ethereum OI-weighted futures funding rate has spiked to new record highs over the past week, indicating that long traders are in the dominant position. The <CryptoQuant> report added that, based on <Coinglass> data, the current funding rate is 0.0374%, suggesting a short-term bullish market sentiment.
Furthermore, Ethereum's estimated leverage ratio (a metric measuring the open interest divided by exchange reserves) has climbed to a new record high of 0.40. This indicates that traders are increasing their risk exposure by using higher leverage to amplify potential returns. However, the <CryptoQuant> report warned that the rise in leverage and the dominance of long positions may increase the risk of a long squeeze; sudden price volatility could trigger liquidations, leading to a market adjustment.

CryptoQuant: Ethereum futures open interest hits record high of over $20 billion

Odaily Planet Daily Report: The <Block> Pro analysis points out that on November 15, driven by the inflow of ETF funds, the rise of Bitcoin, and the bullish sentiment after the election, the daily on-chain transaction volume of Ethereum surged to $7.13 billion, the highest level of the year, growing by 85% in just two weeks. The <MEME> index rose 90%, outperforming the broader market index (+36%), with <meme> coins dominating, including standout tokens such as <PEPE> (+70%), BONK (+100%), WIF (+32%), and PNUT (+1,500%), with an overall market cap increase of $1.68 billion. The Coinbase app's ranking on the US App Store rose from 435th to 8th (November 4-13), with a trading volume of $71 billion and a 42% stock price increase; the Robinhood app ranked 11th. The daily trading volume reached the highest level in the past 12 months at $117 billion, and as of mid-November, the trading volume of exchanges supporting the US dollar reached $229 billion, almost on par with the $237 billion in October.

Analysis: Ethereum's on-chain transaction volume surged to $7.13 billion recently, hitting a new high this year

Summary
· The strong capital inflows into the ETF and spot markets have driven BTC to $93,000. Over $62.9 billion has entered the market in the past 30 days, with BTC dominating the inflow demand.
· The increase in unrealized profits of long-term holders has triggered a massive spending activity, with 128,000 BTC sold between October 8 and November 13.
· The US spot ETF played a critical role, absorbing about 90% of the selling pressure from long-term holders during the analysis period. This highlights the role of ETFs in maintaining liquidity and stability in the BTC market.