Data shows that Binance whales are responsible for the latest explosion in Bitcoin's price.

Data indicates that the Bitcoin Coinbase Premium gap has dropped into negative territory, suggesting that Binance whales may be fueling this increase.

#CryptoMarketCapBackTo$3T

The Bitcoin Coinbase Premium gap has decreased alongside the latest price surge.

#dinnerwithtrump

As noted by an analyst in a quick post on the CryptoQuant platform, the Bitcoin Coinbase Premium gap has fallen to a negative value. The term 'Coinbase Premium gap' refers to an indicator tracking the difference between the price of Bitcoin (USD pair) listed on Coinbase and its price on Binance (USDT pair).