Bitcoin Price Surges Above $84,000 Amid Changing Exchange Flows

Bitcoin (BTC) has shifted to a bullish trend, rising 2.1% and trading above $84,000. This rebound follows an earlier bearish phase, indicating potential recovery.

Bitcoin Exchange Flow Trends

  • Lower selling pressure observed on Binance.
  • Only 6,300 BTC sent to Binance, compared to an average of 24,700 BTC to other exchanges.
  • Short-Term Holders (STHs) appear to adopt a neutral stance, possibly awaiting clearer market signals.
  • Increased inflows to other exchanges suggest varied investor behavior.
  • Binance maintains high trading volume but is experiencing reduced activity from short-term holders.

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Binance's Spot Trading Volume Dominance

  • Binance leads spot trading volume in 2025 with $1.9 trillion.
  • This volume is over three times that of its closest competitor, Crypto.com.
  • Binance controls 43.66% of the total spot market volume.
  • Higher trading volumes on Binance contribute to increased liquidity and better pricing for traders.

Bitcoin (BTC) price chart on TradingView