BINANCE BTC RESERVES HIT 693,000 BTC!
Bitcoin on Binance has crossed 693K BTC, up around 77,000 BTC since late April. đł
đ Thatâs roughly 30% of all BTC held across major exchanges â and about 3.5% of Bitcoinâs total circulating supply sitting on one platform.
đ° Even more interesting: Binance reportedly captured around 75% of centralized-exchange inflows in August, worth approximately $15.7B.
đ What does this mean?
Capital is increasingly moving toward exchanges offering deep liquidity and strong market access, with Binance emerging as a major destination.
â ïž More BTC on exchanges can also mean more potential selling liquidity, so traders should keep an eye on exchange reserves alongside price action.
#Bitcoin #BTC #Binance #Crypto #CryptoNews
#BinanceSquare
#BitcoinAnalysis #Trading
Bitcoin on Binance has crossed 693K BTC, up around 77,000 BTC since late April. đł
đ Thatâs roughly 30% of all BTC held across major exchanges â and about 3.5% of Bitcoinâs total circulating supply sitting on one platform.
đ° Even more interesting: Binance reportedly captured around 75% of centralized-exchange inflows in August, worth approximately $15.7B.
đ What does this mean?
Capital is increasingly moving toward exchanges offering deep liquidity and strong market access, with Binance emerging as a major destination.
â ïž More BTC on exchanges can also mean more potential selling liquidity, so traders should keep an eye on exchange reserves alongside price action.
#Bitcoin #BTC #Binance #Crypto #CryptoNews
#BinanceSquare
#BitcoinAnalysis #Trading