Binance now handles 67% of TRON’s USDT transfers, reshaping how global stablecoin volume flows across institutional crypto transactions.
MicroStrategy added 16,130 BTC in July, with most holdings withdrawn from exchanges, signaling growing institutional long-term confidence.
Bitcoin's 30-day Net Taker Volume hit -2.78, matching levels before the previous rally from $82K to over $120K in earlier cycles.
Bitcoin’s near-term outlook is drawing attention again as institutional activity quietly accelerates. While retail sentiment remains low, key indicators suggest a familiar market setup may be unfolding.
Binance and TRON Lead Stablecoin Transfers
Binance is now processing 67% of all USDT transfers on the TRON network, according to on-chain data shared by @CryptoPatel. This dominance is rooted in the speed and low transaction costs of TRON, paired with Binance’s deep liquidity and global trust.
https://twitter.com/CryptoPatel/status/1953169209933914406
The growing synergy between TRON and Binance has made the duo a preferred channel for stablecoin movement. A majority of institutional transfers, particularly involving large volumes, now flow through this network. As a result, the structure of global crypto fund transfers is being reshaped.
MicroStrategy Increases Bitcoin Holdings
MicroStrategy has expanded its Bitcoin portfolio with the recent purchase of 16,130 BTC in July. Most of the newly acquired assets were immediately withdrawn from exchanges, suggesting a long-term storage strategy.
The consistent accumulation by MicroStrategy continues to reflect institutional confidence in Bitcoin’s long-term value. While spot prices remain under pressure, this accumulation trend diverges sharply from the retail-driven selling currently seen across the market.
Bitcoin Metrics Hint at a Potential Rebound
A notable market indicator—Bitcoin’s 30-day Net Taker Volume—has dropped to -2.78. This is the lowest reading since March. As referenced in the tweet, the last time this metric reached such levels, Bitcoin was priced around $82,000 before rallying to over $120,000.
Current market behavior mirrors that previous cycle. Retail investors are reducing exposure, while institutions are quietly accumulating. This divergence in activity, paired with Binance and TRON’s growing dominance, presents a similar environment to earlier bullish reversals.
As institutional flows strengthen and retail selling accelerates, the market’s next move remains under close watch. All eyes are now on Bitcoin to see whether history is poised to repeat itself.
