According to CoinMeta, the trading volume of the BCH / USDT perpetual contracts on Binance soared by 5 times within 10 minutes, with a total trading volume of $101 million in the past 24 hours, representing a growth of 2.47%. A surge in trading volume usually indicates increased market activity or large-scale capital transactions, which may be triggered by significant market changes or news announcements. According to media reports and data, Binance's contract rankings have placed it at number 1 globally.