Binance Bitcoin supply reaches highest level since November 2024

FedEx Enters Hedera Network Council With Eye on Supply Chain Transformation

Bitcoin held on Binance has reached its highest level since November 2024, according to on-chain data from CryptoQuant, signaling an increase in sell-side liquidity in the market. Analysts interpret the growing Bitcoin balances on major exchanges such as Binance as reflective of recent trends where centralized exchanges are accumulating Bitcoin, aligning with shifting trader behaviors. CryptoQuant’s tracking of exchange reserve metrics provides crucial insights into these supply dynamics and trader positioning.

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