Analysis: BSC prediction market suffers a major blow, with daily trading volume and open interest significantly declining

PANews March 3 News, researcher defioasis.eth posted an analysis on X platform stating that the BSC prediction market has suffered a heavy blow: daily trading volume dropped nearly 60%. From March 1 to 2, the daily trading volume decreased from over $94 million to $38.3 million, with Probable experiencing the largest decline, falling from $58.8 million to $10.02 million. Additionally, open interest has experienced continuous large net outflows: over the past three days, open interest has seen large net outflows totaling more than $94.6 million, with Opinion experiencing the largest net outflow of over $86.5 million. The overall open interest level in the BSC prediction market has decreased to just above $57 million, with Opinion accounting for about 70%.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Brother Ma Ji reduces his long position by 450 ETH to lower the liquidation price of his longs in response to ETH's decline

Odaily Planet Daily reports that Hyperbot data shows that as ETH drops below 1950 USDT and approaches the liquidation price of Big Brother Maji, Big Brother Maji has reduced his ETH long positions by 450 ETH in the past 10 minutes. The current liquidation price is 1939 USD. His ETH long position is valued at 3.32 million USD, with an unrealized loss of 135,700 USD.

GateNews4m ago

ETH drops below 1950 USDT

Gate News bot message, Gate market display, ETH drops below 1950 USDT, current price 1949.22 USDT.

CryptoRadar8m ago

ETH drops 1.12% in 15 minutes: On-chain whale rebalancing and liquidity contraction drive short-term pressure

On March 3, 2026, from 08:30 to 08:45 (UTC), ETH experienced significant fluctuations, with the 15-minute return rate dropping to -1.12%. The price range fluctuated between 1958.47 and 1984.61 USDT, with an amplitude of 1.32%. Market attention increased during this period, short-term volatility intensified, investor sentiment was clearly cautious, and trading volume contracted accordingly. The main drivers of this fluctuation were large on-chain fund rebalancing and major holder stop-loss actions. Combining historical on-chain data, whale accounts frequently conducted large transfers and buy-sell activities, which have repeatedly triggered short-term sharp market volatility in the past. The current window

GateNews17m ago

Vitalik Details Ethereum Block Building Overhaul Plan

Vitalik Buterin proposed changes to Ethereum's block building process, including ePBS, FOCIL, and encrypted mempools, to reduce centralization, enhance censorship resistance, and address transaction risks ahead of the Glamsterdam upgrade.

CryptoFrontNews23m ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)