Binance Bitcoin Net Taker Volume Surges Past $200M as BTC Hits New All-Time High of $118K:
For the first time since February 2025, Binance’s Net Taker Volume has exceeded $200 million, signaling intense buying activity as Bitcoin reached a new all-time high of $118,000.
The surge in Net Taker Volume indicates that market participants were willing to lift the ask aggressively, a behavior typical in bullish breakouts.
Binance Receives Over 4,500 BTC :
Simultaneously, a notable inflow of over 4,500 BTC was observed into Binance—reminiscent of the May 22nd influx, which was a key precursor to profit-taking that began in late May and carried into early June.
Conclusion: Rising buying activity could trigger a profit-taking phase.
The current buying frenzy has propelled Bitcoin to unprecedented heights, but investors should remain vigilant.
While the surge in Net Taker Volume and price action is undeniably bullish, the possibility of profit-taking looms, especially given historical parallels.
Market conditions today differ from those in May 2025, and past movements are not guaranteed to repeat. Traders should monitor on-chain data and exchange flows closely.
Written by Amr Taha
