GuShiio.com GuShiio.com learned that Binance’s survey showed that the large short orders before the GPS announcement were normal market fluctuations and there were no abnormal transactions. The active selling volume in the 10 minutes before the announcement increased by 1.78 times compared with the first 5 minutes, but from a longer time perspective, fluctuations of 1 to 4 times are within the normal range. Historical data shows that GPS active buying or selling volume accounted for 40% to 60% of the total trading volume, and there were no abnormal changes before and after the announcement. Actively selling may be either a short position or a closing of multiple orders, so an increase in trading volume does not mean that traders have placed short orders in advance. In addition, there was no significant change in the total number of open contracts 5 minutes before and after the announcement, further indicating that there was no abnormal trading behavior in the market. Relevant data can be queried through the website or API.
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