According to CoinMeta, based on early data from in, the trading volume of Binance’s SNDK / USDT perpetual contracts soared by 7 times within 10 minutes, with a total trading volume of nearly $933 million over the past 24 hours, representing a decline of 2.42%. 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.