Binance Users Maintain Positions While OKX Traders Cash In

A report reveals differing trading behaviors between Binance and OKX users amid Bitcoin's recent movements:

Bitcoin approached $120,000 this week
OKX users realized a deposit price of $97,180, indicating active profit-taking
Binance users maintained a deposit price around $45,070, suggesting they are holding their positions
This contrasts with past trends where Binance whales sold more quickly during rallies
Ethereum trades near $3,570; OKX’s realized deposit price is $3,100 while Binance's is $2,920
Binance's holding behavior may indicate confidence in future price increases or lack of urgency to exit
Bitcoin is above key levels of $117.4K and $118K despite slowing momentum
Altcoins are experiencing a cooling phase with no strong buy signals currently identified

Swissblock advises caution and suggests waiting for clearer recovery signals before re-entering the market.