#bitcoin

$BTC Surges Past $123K: Was Binance’s Spot Volume Dropping a Hidden Signal?

Bitcoin hit a new all-time high above $123,000, climbing over 10% in a week and pushing the crypto market cap toward $4 trillion. 📈

CryptoQuant analysts BorisVest and Darkfost point to key signals behind the rally:

• Binance Spot Volume Collapse: A sharp drop in spot trading volume on Binance preceded Bitcoin’s breakout from the $100K-$110K range. BorisVest notes this quiet period often signals accumulation, with volume spiking as the rally gained steam—a sign of strong momentum, not a reversal.

• Accumulator Addresses in Action: Darkfost highlights that “accumulator” wallets, which only buy BTC, scooped up 248,000 BTC (~$30B) in 2025, far above the monthly average. This suggests long-term confidence, although a shift to selling could spark volatility.

As Bitcoin navigates uncharted price zones, volume dynamics and accumulation patterns offer clues to its next move. 🚀 Are we headed for new highs, or is a correction looming?