đ Binance Dominates Global USDT Transfers via Tron Network:
* Recent data highlights Binance's growing dominance in global USDT transfers via the Tron network, accounting for 67% of all USDT movements to and from centralized spot exchanges worldwide.
* This means Binance now manages more than half of global spot market USDT transactions through the TRON network.
* This surge in Binanceâs dominance underscores a growing trust among both institutional investors and major trading platforms in TRONâs capabilities for processing large-scale stablecoin transactions.
* TRONâs reputation for fast, low-cost, and reliable USDT transfers makes it an increasingly preferred choice for institutional fund flows and exchange settlements.
đ MicroStrategy Adds Over 16,000 BTC at End of July
* The second chart highlights a positive net inflow of over 16,000 BTC into MicroStrategyâs holdings at the end of July, led by Michael Saylorâs continued conviction in Bitcoinâs long-term value.
* Such positive inflows typically reflect BTC being withdrawn from spot exchanges, following substantial purchases aimed at increasing long-term exposure rather than short-term speculation.
* MicroStrategyâs sustained accumulation sends a strong signal to the broader market, especially institutional players, that Bitcoin remains a strategic asset for long-term investment.
đ BTC: Net Taker Volume 30D Position Hits Extreme Negative Levels
* The third chart shows that BTC Net Taker Volume 30days Position recently dropped to -2.78, an extremely negative level not seen since mid-March.
* This sharp decline suggests a strong shift in market sentiment from optimismâwhen Bitcoin was approaching new price highsâtowards pronounced pessimism.
* The last time a similar extreme was observed in mid-March, many less-experienced participants sold their positions heavily around the $82K level.
* Once this selling pressure was exhausted, Bitcoin caught many off guard and rallied sharply to new highs above $120K.
Written by Amr Taha
