Binance Futures Adjusts Leverage, Bybit's ETH Holdings Spark Interest

Coin WorldSunday, Feb 23, 2025 3:45 am ET
1min read

Binance Futures, a leading cryptocurrency derivatives exchange, has recently adjusted the leverage and margin tiers for its Inverse Perpetual (IP), Binance USD (BAN), and Omni USD (OM U) based perpetual contracts. The changes aim to enhance the platform's risk management and provide users with a more balanced trading environment.

The new leverage and margin tiers for IP contracts are as follows: 125x for BTC, 50x for ETH, and 20x for other coins. For BAN contracts, the leverage has been set at 50x for BTC and 20x for ETH, while OM U contracts offer 25x leverage for BTC and 10x for ETH. These adjustments are designed to align with the platform's risk management strategy and provide users with a more stable trading experience.

In other news, Bybit, a rival cryptocurrency derivatives exchange, has been the subject of recent speculation regarding its ETH holdings. According to data from Arkham, a blockchain analytics platform, 34,742.6 ETH was transferred from Wintermute, a market maker, to an address that interacted with Bybit's deposit address. Additionally, DWF Labs, a digital asset management firm, deposited 2,200 ETH to Bybit 15 hours ago, expressing their support for the platform.

Furthermore, there have been rumors of a certain institution or entity engaging in over-the-counter (OTC) trades with Bybit, which resulted in a deposit of 22,600 ETH to the exchange. These transactions have sparked interest in Bybit's ETH holdings and its potential plans for the future.

The adjustments made by Binance Futures and the recent developments at Bybit highlight the dynamic nature of the cryptocurrency derivatives market. As these platforms continue to evolve and adapt to changing market conditions, users can expect to see further innovations and improvements in risk management strategies.

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