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Binance holds 693,000 BTC, highest in 2 years, signaling potential market moves amid Bitcoin price near $80K.

Market News
12 Sep 2026
Cointribune
View Source
Neutral
Binance holds 693,000 BTC, highest in 2 years, signaling potential market moves amid Bitcoin price near $80K.

Binance now holds over 693,000 bitcoins, the largest amount in two years, representing about 30% of bitcoins on major platforms. This balance grew by 77,000 BTC since late April, amid Bitcoin struggling to stay above $80,000. While this could indicate potential sales, analysts suggest some BTC may be held for security or future selling opportunities, especially after recent security concerns. Market watchers will focus on Bitcoin's price movement between $83,000 and $86,000 for clearer signals on selling pressure.

More News (BNB)

Bitcoin and XRP lead U.S. crypto spot ETFs, outpacing Solana and other altcoins.

Bitcoin and XRP lead U.S. crypto spot ETFs, outpacing Solana and other altcoins.

Bitcoin dominates the U.S. cryptocurrency spot ETF market with $110.68 billion in net assets, representing 6.54% of its market cap. XRP follows as the top altcoin ETF with $1.70 billion in net assets and strong inflows, outperforming Solana despite t...

Market News
Neutral
5 hours ago
1.6 billion XRP moved to Binance in 30 days, highest since March 2026, unclear if holders sold tokens.

1.6 billion XRP moved to Binance in 30 days, highest since March 2026, unclear if holders sold tokens.

About 1.6 billion XRP tokens were transferred to Binance over a 30-day period, marking the highest inflow since March 2026. However, this movement does not confirm that holders sold their XRP, as inflows can also result from trading activity, custody...

Technical Signals
Neutral
5 hours ago
BNB trades near $768 with resistance below $800 and support near $755 amid mixed momentum signals

BNB trades near $768 with resistance below $800 and support near $755 amid mixed momentum signals

BNB traded around $768 on October 7, showing limited momentum and facing resistance below $800. The price moved between $758.57 and $786.87, with technical indicators like MACD and stochastic oscillator giving mixed signals. Key support levels were i...

Technical Signals
Neutral
6 hours ago
U.S. government moves $100M in Bitcoin and BNB, no sale confirmed

U.S. government moves $100M in Bitcoin and BNB, no sale confirmed

Wallets linked to the U.S. government transferred over $100 million in cryptocurrency on Tuesday, including about $71.6 million in Bitcoin and $31.6 million in BNB. The Bitcoin originated from seized funds in the Potapenko-Turogin and Bitfinex cases,...

Market News
Neutral
7 hours ago
Bitcoin drops $2,000 in 30 minutes, triggering $550M crypto liquidations amid leveraged long sell-off.

Bitcoin drops $2,000 in 30 minutes, triggering $550M crypto liquidations amid leveraged long sell-off.

Bitcoin fell about $2,000 within 30 minutes after reaching above $85,600, causing a wave of liquidations in leveraged crypto markets totaling over $550 million in 24 hours. Most losses came from long positions, forcing over 100,000 traders out of the...

Market News
Bearish
8 hours ago
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