Circle Shares Slip 0.25% as Binance Futures Accounts Stay Long

Circle shares were quoted at $75.52, down 0.25% over 24 hours, in a range of $72.56 to $78.18.

Separately, Binance Futures account figures showed a long skew. As of 5 a.m. ET (10 a.m. UTC) Thursday, 83.2% of global accounts were long and 16.8% were short, for a long-to-short ratio of 4.9488. Among top traders, 88.9% of accounts were long and 11.1% were short.

Open interest fell 2.81% over 24 hours to 1,501,499.27 contracts. Funding was positive at 0.0259%, meaning long positions were paying short positions. In a one-hour sample, futures buy volume was 17,733, compared with sell volume of 15,148.

The account and contract figures describe Binance Futures activity, not Circle shareholders’ positions. The equity quote and futures data measure separate markets.