Bitcoin ($BTC ) Hits $118K—Binance ETF Demand Outpaces Supply

🚀 Bitcoin just smashed through $118,000, setting a new all-time high as ETF inflows hit $7.1 billion in five days, creating a massive supply shock across exchanges—including Binance.

📈 Binance reported $204M in liquidations, with BTC futures open interest surging by $2B in 4 hours.
Spot volume on Binance hit $6.6B, the highest since ETF approvals in January 2024.

💬 “Bitcoin ETFs are absorbing 22x more BTC than miners can produce,” said TradingNews analysts.
BlackRock’s IBIT alone added 953M in a single day, pushing its AUM near $80B.

📊 Key metrics:

BTC price: $118,100

ETF inflows: $15B in July

Exchange reserves: 7-year low

Institutional holdings: 1.3M BTC (6.2% of supply)

Why it matters:
✅ BTC is listed on Binance with unmatched liquidity
✅ ETF demand is outpacing supply, driving price discovery
✅ Institutional adoption is reshaping crypto market structure

🧠 Is Bitcoin entering a new macro cycle—and can it hit $132K before August?

👇 Are you holding BTC or rotating into altcoins with ETF exposure?
📌 Follow me for daily Bitcoin ETF updates and macro crypto insights.

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