Bitcoin (BTC) in Profit Surges on Binance, Analyst Sees Buy Signal CryptoQuant contributor Darkpost reports a significant milestone: the amount of Bitcoin held by Binance in profit has hit a new all-time high of 60,000 BTC. This is despite a decrease in Binance's overall BTC holdings since September 2024, from 631,000 to 574,000 BTC. Decreasing Holdings, Increasing Profit: A Bullish Indicator? Darkpost interprets this divergence as a bullish sign. He argues that changes in Binance's BTC reserves are a key indicator of long-term investment sentiment. A decrease in holdings, coupled with rising profit margins, suggests strong buying pressure and investor confidence. This implies investors are accumulating Bitcoin, driving up its price and increasing the profitability of existing holdings within Binance's reserves. This could point towards a potentially bullish trend for Bitcoin's future. ```

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