Retail FOMO Spikes: Binance Users Buy 6,870 BTC as Long-Term Holders Dump
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Bitcoin traders on Binance snapped up 6,870 BTC in a single day after the price pushed above $91,400 this week, even as long-term holders (LTHs) used the strength to cash out.
The buying frenzy comes against a backdrop of sharp liquidations and fading volume, which raised doubts about how long the retail momentum can last.
In This News
Coins
$ 85.43K
-6.45%
$ 0.00...097
-16.7%
$ 0.00547
$ 0.00118
-25.2%Funds
Share:
In This News
Coins
$ 85.43K
-6.45%$ 0.00...097
-16.7%$ 0.00547
$ 0.00118
-25.2%Funds
Share:
Read More
Chainalysis refutes Binance’s illicit volume report due to omitted data
CZ Advocates Buying as Crypto Market Exits Extreme Fear
Retail FOMO Spikes: Binance Users Buy 6,870 BTC as Long-Term Holders Dump
Share:
Bitcoin traders on Binance snapped up 6,870 BTC in a single day after the price pushed above $91,400 this week, even as long-term holders (LTHs) used the strength to cash out.
The buying frenzy comes against a backdrop of sharp liquidations and fading volume, which raised doubts about how long the retail momentum can last.
In This News
Coins
$ 85.43K
-6.45%$ 0.00...097
-16.7%$ 0.00547
$ 0.00118
-25.2%Funds
Share:
In This News
Coins
$ 85.43K
-6.45%$ 0.00...097
-16.7%$ 0.00547
$ 0.00118
-25.2%Funds
Share:
Read More
Chainalysis refutes Binance’s illicit volume report due to omitted data