Binance Derivatives Bullish Alignment
Retail and whale derivatives traders on Binance are betting on Bitcoin's price increase.
Too little corroboration in the last 3 days to call a trend (4 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"Binance users added 25,838 BTC during May and another 7,715 BTC during June. The three monthly reports show users adding nearly 50,000 BTC between the May and August snapshots."
"BTC's taker buy volume exceeded the sell volume over the last 24 hours, indicating a bullish sentiment in the market. Retail and whale derivatives traders on Binance also remained bullish on the apex cryptocurrency."
"Retail and whale derivatives traders with open BTC positions remained 'bullish' on the apex cryptocurrency."
""Interestingly, retail and whale derivatives traders on Binance were betting on BTC's price increase, as shown by the significantly higher proportion of long positions compared to shorts.""