Binance Raises Maximum Position Limits for Several Coins

On November 9th, top trader Eugene announced that Binance has increased the maximum position limit for several coins, like Neiro, Moodeng, GOAT, and TIA, in futures contracts. This suggests that Binance is opening the leverage gate. The risk exposure for holders of new listings or smaller tokens has increased from 1x $3 million to a maximum of $5 million.

However, after the latest announcement, the new maximum exposure limits for Neiro, Moodeng, and GOAT are now $80 million, $20 million, and $20 million, respectively.

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