#BTCBreaks99K As BTC surged past $99K, Binance reported record 24-hour BTC/USDT volume, with futures open interest also hitting new highs. The long/short ratio on Binance has hovered above 1.8, reflecting strong bullish positioning. Funding rates, which recently turned slightly negative during consolidation phases, flipped positive again as the rally accelerated—suggesting renewed confidence in the uptrend.
Retail and institutional traders alike are actively participating. According to Binance’s internal trading desk updates, large whale orders have been observed stacking buy walls just below $99K, signaling a belief that this isn’t just a spike, but the beginning of the next leg up