Bitcoin $BTC has been moving in a tight range—roughly between $USDT $117,000 and $119,000—over the past couple of days, with occasional dips below $115,000, marking renewed volatility after reaching fresh highs in mid‑July wsj.com+8binance.com+8fxstreet.com+8.
🔍 Binance Bitcoin Exposure & Market Role
Binance is currently sitting on a record $7.2 billion in unrealized BTC$BTC profit, holding around 60,000 BTC, despite its total reserves declining from about 631,000 BTC to 574,000 BTC as users increasingly move their coins to private custody fxempire.com+1cincodias.elpais.com+1.
This significant profit buffer suggests Binance is in no rush to liquidate, which could temper selling pressure even during price fluctuations.
📈 Technicals & Price Outlook
Analysts see Bitcoin in a symmetrical triangle formation, hinting at potential breakout momentum—some expect a move toward $125,500 if the bullish pattern confirms fxempire.com.
Forecasts vary: Bitwise projects targets up to $136,000 by July, even as long-term estimates reach $200,000 for 2025 binance.com+6binance.com+6livebitcoinnews.com+6.
📰 Regulatory & Strategic Flashpoints
A recent investigative report revealed Binance reportedly assisted in writing the code and promoting , the Trump #TrumpNFT family-backed stablecoin, around the time its co-founder Zhao was applying for a presidential pardon. The cooperation included facilitating a $2 billion investment and promoting the token to Binance’s user base—sparking concern about hidden alliances between Binance and political interests The Daily Beast+1newsnow.co.uk+1.
Meanwhile, in regions like Bolivia, Binance is gaining popularity in everyday use as people turn to Bitcoin and other digital assets as a hedge against spiraling inflation. Binance's low fees and peer-to-peer trading services are key reasons for its local adoption Reuters.
🧭 What It Means for BTC & Users
Market positioning: Binance’s deep unrealized BTC profits signal stability—suggesting they aren’t likely to sell into rallies.
