RE: Hive earnings on Binance crashed!
You are viewing a single comment's thread:
2 reasons can be behind that:
1., Some whale put there a lot.
2., The futures trading volume declined. (Some futures whale trader stopped trading Hive there.)
3., Both happened together.
Some of the people just buy from %age of futures profit the traded coin all the time and move to earnings - i like to do it, too -, till it gives good enough return, so sure, it will be boosting back some soon, maybe not that high, but high enough to be still worthy just simply keep it there, instead of on Hive, especially not staked for the 3% (or 10% with activity).
Exchanges finance the earnings from futures trading fees, I suppose you know it.
And today is a very quiet day.
-70% volume.
Just a hint: Binance is not the only place, where Hive earnings exist... 😉