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Binance’s spot volume overcame that of all other exchanges together.
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The last time this happened, in January 2024, Bitcoin marked a historical maximum.
Binance, the cryptocurrency exchange with the highest volume of global trade, is showing movements that offer optimism for the price of Bitcoin (BTC).
The Delta indicator of the BTC BTC volume of Binance vs. Other Exchange has been positive again. This means that the level of trade of such a platform is consistently exceeding that of other greats.
The last time this happened was more than a year ago, in January 2024, when Bitcoin quoted around USD 42,000 before shooting until USD 73,000 in March. This suggests that, to follow such a patron, The market could be at the gates of a price rebound.
«Historically, when Binance stands out in spot volume, the market tends to show a bullish bias in the following weeks,» explains the investor and data scientist, Joao Wedson, founder of the Alphractal analysis company.
This movement can be observed in the following graph of the on-chain Cryptoquant explorer.
The correlation between the Bitcoin spot volume in Binance and a possible rebound in its price is due to several factors. Mainly, it is that it is the most used exchange. Therefore, When its commercial activity exceeds that of other platforms, it works as an indicator of greater confidence in the marketprovided that it does not reflect mass sales.
In other words, this movement suggests greater accumulation of BTC, which helps a price increase, by simple supply and demand law. In addition, a higher spot volume implies more direct purchases instead of derivatives, which reduces sales pressure and improves liquidity.
Also, due to market psychology, the growing volume on this platform can be interpreted as a sign that «something good is to come.» Therefore, it would not be surprising that the behavior of investors in Binance precedes that of the rest of the exchanges, something that would further feed the bullish impulse.
Binance dominates trading despite coinbase growth and general fall
It is worth mentioning anyway that, as seen below, Binance has lost some market share regarding Coinbasethe largest cryptocurrency exchange in the United States. At the beginning of 2024, its trading volume was 19 times higher, while this difference is 8 times.

Meanwhile, The in conjunction volume of the main exchanges experience a general declineas the following image frames. This resembles the behavior seen after March 2024, when the price remained in a consolidation stage that managed to overcome in November.

However, despite the general fall of trade and the loss of market share in front of Coinbase, Binance continues to lead as the main global cryptocurrency trading center. Therefore, following its flow is key, since “it has a significant impact on liquidity and market behavior,” emphasizes Wedson.
There is lower BTC sales pressure in Binance than in other exchanges
The analyst also emphasizes that Bitcoin transfers made short -term investors to Binance reflect a positive signal, since they are lower than those of other exchanges. According to the 7 -day mobile average, these are only 6,300 BTC, compared to an average of 24,700 BTC to other platforms. Thus can be verified below.

According to Wedson, «this suggests lower sale pressure in Binance, with many operators adopting a more neutral position.» This It contributes to the price of Bitcoin does not see a strong downward pressurewhich allows it to be maintained in a lateral period, as seen below.
BTC remains quoting in a sustained range above the USD 81,000 for two weeks, after its brief fall to the USD 76,000. At the time of this wording, its value is USD 84,000, which is 20% less than its historical maximum of USD 109,300 reached two months ago.
Despite the optimistic expectations, the escalation of the «war» of import taxes between countries generates more fallen concerns in the markets. Therefore, as Cryptonotics reported, investors remain attentive to the next ads that US President Donald Trump will give about it.