Recent on-chain data from CryptoQuant reveals a stark behavioral divergence between Binance and OKX users — offering critical market insight.
🔶 BTC Analysis (as of July 22, 2025):
BTC Price: ~$120K
OKX User Deposit Address Realized Price: Spiked to $97.18K amid a surge in inflows — a strong signal of reactionary profit-taking.
Binance User Deposit Address Realized Price: Remains steady at $45.07K, reflecting stable cost basis and calm behavior despite price volatility.
📉 Notably, the Binance whale profit-taking activity observed during previous price rallies has now disappeared, pointing to a significant decline in sell pressure from large holders.
🔷 ETH Analysis (as of July 21, 2025):
ETH Price: ~$3.76K
OKX Realized Price: Climbed to $3.10K
Binance Realized Price: Only $2.92K, with a gradual rise — signaling long-term positioning rather than reactive moves.
🧠 Data Insight:
OKX users appear to be driven by short-term speculative flows, with realized prices rising quickly alongside price.
Binance users, both for BTC and ETH, are showing longer holding duration, better cost basis discipline, and reduced deposit spikes.
The fade in Binance whale profit realization suggests confidence in further upside, or at least, a lack of exit urgency.
Written by Crazzyblockk
