Since June 30, a single wallet has withdrawn about $84.3 million in Ethereum (ETH) and $15.66 million in Wrapped Bitcoin (WBTC) from Binance, totaling nearly $100 million. This large outflow reduces immediate sell-side liquidity on Binance and may indicate long-term holding or strategic repositioning, though the wallet owner's intent remains unclear. The withdrawals span multiple days, suggesting deliberate accumulation or transfer rather than a single transaction. Market watchers will monitor further activity to see if these assets move into DeFi, staking, or return to exchanges.
XRP withdrawal transactions on Binance and all centralized exchanges surged to their highest levels in over five years, coinciding with the token's price retesting a crucial multi-year support range around $1 to $1.05. This spike in withdrawals and d...
BNB price surged over 5% to around $590 after breaking a descending trendline that capped it for 45 days, signaling a potential bullish breakout. The token faces resistance near $600, with strong buying momentum indicated by technical indicators like...
Binance Coin (BNB) has seen a significant 65% increase in 24-hour trading volume, with spot volume surpassing $160 million and futures volume over $800 million. This surge reflects growing retail and derivatives trader interest, coinciding with incre...
Bitcoin and Ethereum saw modest price increases while their combined market dominance slightly declined, signaling a potential rotation of capital into major altcoins like BNB, Solana, and XRP. Despite a cautious market tone and a drop in derivatives...
Bitcoin trades around $63,919 and Ethereum at $1,889, with both cryptocurrencies close to important support and resistance levels that could influence short-term trends. The 200-day moving average remains a critical reference point for assessing mark...
