BREAKING
350d 9h ago

Binance Announces Update on ATOM Collateral Ratio Under Combined Margin on February 28, 2025

ATOM

ATOM/USDT

$1.979
-0.25%
24h Volume

$42,154,211.74

24h H/L

$2.05 / $1.951

Change: $0.0990 (5.07%)

Long/Short
60.2%
Long: 60.2%Short: 39.8%
Funding Rate

-0.0035%

Shorts pay

Data provided by COINOTAG DATALive data
ATOM
ATOM
Daily

$1.971

-0.95%

Volume (24h): -

Resistance Levels
Resistance 3$2.2442
Resistance 2$2.1273
Resistance 1$1.9855
Price$1.971
Support 1$1.9278
Support 2$1.8301
Support 3$1.654
Pivot (PP):$1.9743
Trend:Downtrend
RSI (14):40.6

On February 24th, COINOTAG News reported that Binance is set to implement significant changes to the collateral ratio for a variety of cryptocurrencies. The assets affected include ATOM, ANKR, COTI, EGLD, SUSHI, and OM. This adjustment will commence at 14:00 (UTC+8) on February 28, 2025, with completion anticipated within an hour. This move aims to enhance market liquidity and ensure optimal risk management for traders utilizing the Combined Margin feature. Binance’s decision reflects its ongoing commitment to providing secure and efficient trading conditions within the ever-evolving cryptocurrency market. Investors and traders are advised to remain informed as these updates could impact trading strategies and portfolio allocations.

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