Data: Simultaneous Spot and Futures Inflows Propel BNB Back Above $700

BlockBeats News, May 31st, according to market data, BNB has surged above $700, now trading at $703.5, with a 24-hour gain of 10.2%.

Furthermore, according to Coinglass data, in the past 24 hours, the net inflow of funds into BNB contracts across all networks was $61.93 million, with a 770% increase in net inflows; the net inflow of funds into BNB spot markets across all networks was $15.23 million, with a 796% increase in net inflows.