SOON sees a 15% daily outflow as capital shrinks across spot and perpetual markets, yet Binance traders keep accumulating on the long side.
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.
Key Points of the News: The Whale Alert chain tracker recorded the transfer of $500,000,000 USDT from Binance’s hot wallet to Tether’s treasury. The movement coincided with a local recovery of Bitcoin’s price to a level of $64,964 on the Bitstamp platform. The market structure placed the volume control point (POC) at $64,102, accompanied by a rebound of the RSI indicator to the neutral zone from 40 to 60 points. On Thursday a massive movement of…