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

OPN-7,41%

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%.

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