Bitcoin Funding Dynamics Shift As Binance Premium Signals Aggressive Longs

Bitcoin ([BTC](https://holder.io/coins/btc/)) remains range-bound between $110,000 and $115,000. Market sentiment is divided:

Binance traders show a bullish outlook, with BTC funding rates at +0.0084% indicating strong long positions.
Other exchanges like OKX, Bybit, and Deribit reflect cautious sentiment with lower or negative funding rates.

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Market dynamics highlight:

Binance's increasing funding rate suggests growing trader confidence in a price surge.
Overall, Bitcoin's implied volatility is at its lowest since 2023, previously leading to significant rallies.
Total Bitcoin exchange reserves are depleting, potentially signaling future supply squeezes and increased demand.
The Bitcoin Fear & Greed Index indicates current market fear, possibly presenting a buying opportunity.

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New BTC wallets, less than a month old, are beginning to accumulate the asset. Currently, [BTC](https://holder.io/coins/btc/) trades at $113,796, marking a 1% rise in the past 24 hours.

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