Binance keeps pushing price straight into liquidation zones while spot buyers are left holding the bag.

Spot CVD rising — real buyers pulling coins off the market. But every rally gets smacked down hard on Binance, straight into clustered long stops. Longs wiped, price resets, spot keeps quietly buying the dip.

Same pattern since the hack. Same exchange. Same liquidation clusters getting hit over and over.

Usually spot leads the real move. Right now Binance is sitting on top of it, forcing liquidations while spot demand builds underneath. That's not normal market behavior.

Once that pressure lifts, spot usually shows you where price actually wanted to go. Whether they're recovering losses or not — can't say. But this setup doesn't hold forever.

Watch for when the selling stops. That's when spot takes over.