crazymoves

Binance, the largest cryptocurrency platform in the world, is reaching a historic milestone: over 60,000 $BTC Bitcoin in unrealized profits, equivalent to about 7.2 billion dollars at current prices. It is the highest level ever observed.
A clear signal: the #BTC treasury held by the exchange is solidly in the green, confirming the resilience of the accumulation strategy even during phases of high volatility.
This news comes at a crucial time for the market, with Bitcoin having just broken an important technical pattern, aiming for new highs towards 125,500 dollars. All indicators suggest that investor sentiment is changing rapidly.
🔸 Unrealized profits of Binance: a cushion that fuels confidence in Bitcoin
The unrealized profit represents the difference between the purchase price and the market value of the assets still in the portfolio. For Binance, 60,000 BTC in gain means that, even after months of corrections and consolidation, the treasury balance remains largely positive.
This profit level is relevant because it acts as a psychological “cushion” for the large holders: with a wide profit margin, the pressure to sell during moments of volatility decreases.
In the latest market cycles, similar peaks of unrealized profit have often preceded new all-time highs, but only if accompanied by a distribution phase, meaning the actual sale of reserves by large operators.
🔸 The escape from exchanges: a bullish signal
At the same time, the total reserves of Bitcoin held by Binance continue to decrease: from 631,000 #BTC in September 2024, today the balance has dropped to 574,000 BTC.
This reduction, which might seem concerning at first glance, actually reflects a positive trend: more and more users are transferring their Bitcoin to personal wallets.
The movement towards self-custody, or autonomous custody, is a sign of market maturity. Historically, the reduction of available supply on exchanges has coincided with the early stages of bull runs, as it decreases immediate liquidity and reduces selling pressure.