$MIU
Heating UpSnapshot Window: 2026-08-20 18:30 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 6, Retweets: 3, Likes: 5, Impressions: 257
Verbatim Community Citations & Social Evidence 1 source posts analyzed
$BTC and $ETH volume just spiked to one of the biggest prints since June, and yeah, most of it is perps. That's normal. Perp volume always dominates spot on moves like this it doesn't mean the move isn't real. I'm not discounting this just because leverage did the heavy
AI visual note: A CryptoQuant chart titled "Binance BTC, ETH & XRP USDT Spot vs. Perpetual Volume" displays trading volume from late May through mid-August, with two red arrows highlighting significant volume spikes—one in early June and a recent surge near August 17 reaching approximately $45B, where perpetual futures (orange BTC and black ETH bars) clearly dominate over spot trading, visually supporting the post's point that leverage-driven perp volume is leading the latest market move.