Bitcoin's recent surge has been attributed to significant activity from Binance whale addresses, according to on-chain analyst Crypto Dan. This marks a shift from previous trends where Coinbase whales typically spearheaded market rallies. In a CryptoQuant analysis, Dan highlighted the crucial role of Binance whales in propelling Bitcoin to new highs. He stated, "Until recently, US-based Coinbase whale addresses led the market rise, but this surge was led by Binance whales. The fact that this movement broke a new high means that there is a high possibility of further rises in the future." This change in leadership suggests a potential shift in market dynamics and could indicate increased confidence and activity among Binance users. The breaking of new highs further supports the possibility of continued upward momentum for Bitcoin. Investors and traders will be closely monitoring whale activity on both Binance and Coinbase to gauge future price movements. ```

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