Bitcoin’s wonderful rally to a new all-time high of $125,700 on Sunday was met almost immediately by a sharp correction. This sudden pullback, which is expected given the all-time high, saw Bitcoin break below $123,000 in less than two hours after the new record. Interestingly, on-chain data shows a notable increase in whale activity during and after the all-time high to and from exchanges. One such example is a massive $200 million Bitcoin transfer into Binance, a move that appears to have been a calculated profit-taking action by a whale address. Whale Profit-Taking Contributes To Selling Pressure Shortly after Bitcoin hit its record high, blockchain data first revealed by whale transaction tracker Whale Alert on X shows that a whale address identified as “3NVeX” transferred a total of 1,550 BTC, worth nearly $200 million, to Binance in two separate transactions. The first transaction involved the transfer of 800 BTC worth $100 million, followed by another transfer of 750 BTC worth $93.7 million. Related Reading: Bitcoin Price Still On Track To Hit $165,000, JPMorgan Analysts Reveal Timeline The timing of these transfers coincided almost perfectly with the recent price top, and the whale most likely sold into the rally. Once the transfers were completed, the wallet held only about 0.1 BTC, meaning the whale had sold off most of their holdings. According to data from whale transaction tracker Whale Alert shared on X, the number of large Bitcoin transfers to and from exchanges has increased notably over the past few days. Several multi-million-dollar transactions, each exceeding $10 million, have been spotted moving between private wallets and major trading platforms such as Binance and Coinbase. Another notable example is the transfer of 401 BTC worth $50.2 million from an unknown wallet address “1Jip8s” into Coinbase Institutional. Not long after, 401 BTC were sent from an unknown wallet “1E8p4n” into Coinbase Institutional in another separate transaction. Altogether, the sudden wave of high inflows across multiple platforms paints a clear picture of whales locking in profits after Bitcoin’s all-time high. Bitcoin Price Outlook Bitcoin’s price quickly slipped below $123,000 following the whale-triggered selloff, before rebounding to around $122,530. The pullback was relatively modest compared to previous all-time highs, but it nonetheless served as a reminder of how easily large holders can influence price action. Related Reading: Bitcoin Bear Trap Over? Pundit Reveals Where The Market Is At Right Now Despite the brief downturn, the correction may prove healthy for Bitcoin’s rally. It allows overheated momentum to cool off and sets the stage for a more sustainable advance once selling pressure eases. Data from Whale Alerts shows cases of millions of dollars worth of BTC also leaving crypto exchanges for private, unknown wallets. At the time of writing, Bitcoin is trading at $123,380. As long as Bitcoin maintains support above $120,000, its long-term outlook remains bullish, and it may as well create a new all-time high before the week runs out. This also depends on how well Spot Bitcoin ETFs perform this week. Featured image from Pixabay, chart from Tradingview.com
BNB continues to dominate market headlines after surging to a new all-time high of $1,223 just a few hours ago. The price has shown remarkable resilience, holding firm above the key $1,200 level, as bullish momentum accelerates across the broader crypto market. The breakout underscores the growing strength of BNB, which has now become one of the clear leaders of this cycle’s rally. Related Reading: Ethereum Matches Bitcoin In Annual Gains: What This Means For The Market Analysts note that BNB’s upward trajectory reflects a powerful combination of technical and market-driven factors. The coin’s consistent growth, fueled by strong demand within the Binance ecosystem and increasing on-chain activity, has positioned it as one of the standout performers in 2025. As the broader market trends upward, BNB’s performance is not only driving sentiment but also signaling renewed confidence in large-cap altcoins. Some analysts now expect the token to push even higher in the coming weeks, with projections pointing toward potential targets around $1,300–$1,400 if momentum continues. The market’s strength, coupled with BNB’s leadership role, suggests that the current rally could extend further — and that BNB may once again set the tone for altcoin performance as investors chase new highs. BNB Chain Activity Hits Record Addresses According to Token Terminal, BNB Chain’s monthly active addresses have reached a new all-time high of 60 million, marking a major milestone for the network and adding strong on-chain support to BNB’s recent price surge. This record growth reflects expanding user activity across decentralized applications, DeFi protocols, and gaming platforms built on the BNB ecosystem. It also highlights the network’s growing adoption, even amid a highly competitive layer-1 landscape dominated by Ethereum and other emerging chains. The timing of this spike in activity is particularly significant. As BNB’s price climbed to a new all-time high at $1,223, the surge in active users underscores that the rally is being driven not only by speculation but also by genuine network engagement. Analysts point out that such increases in activity often precede further bullish momentum, as more users and developers participate in on-chain transactions, staking, and trading. The coming days promise to be very exciting for investors. With Bitcoin consolidating near record levels and Ethereum reclaiming key price zones, BNB and ETH are now leading the charge into what could become a new bullish phase for altcoins. If market momentum continues, this combination of strong fundamentals and technical breakouts could drive altcoin valuations to levels not seen in years. Related Reading: BNB Reaches $1,111 All-Time High: Altseason Signal? Price Analysis: Bulls Maintain Momentum Above $1,200 BNB continues its strong uptrend, consolidating above $1,200 after briefly touching a new all-time high at $1,223 earlier today. The 4-hour chart shows a clear bullish structure, with price action consistently making higher highs and higher lows since late September. BNB remains well-supported by the 20-day moving average (blue line), which has acted as dynamic support throughout this rally. The recent breakout above the $1,175–$1,180 zone confirmed a key resistance flip, allowing bulls to extend the move toward uncharted territory. If BNB manages to close multiple candles above $1,200, the next potential target could be the $1,250–$1,300 range, which would mark the continuation of its parabolic move. Momentum indicators suggest strong buying pressure, though traders should remain cautious of short-term pullbacks. A temporary correction toward $1,150 or even $1,100 could occur if buyers take profits after the rapid appreciation. Related Reading: Bitcoin Dynamics Show Healthy Market Structure: Analyst Sets $130K Target Still, as long as BNB holds above its 50-day moving average (green line), the broader market structure remains decisively bullish. With volume supporting the move and fundamentals aligning with on-chain growth, BNB could continue to outperform major altcoins in the near term — solidifying its position as the market leader in this new bullish phase. Featured image from ChatGPT, chart from TradingView.com
Binance Coin (BNB) has kicked off October with impressive momentum. After climbing more than 6.5% in 24 hours, BNB surged past the $1,100 mark, setting a new all-time high of $1,111 before consolidating slightly lower. Related Reading: Galaxy’s Digital Bitcoin Sales Continue: 1,190 Bitcoin Moves To Binance This milestone highlighted the token’s resilience amid a volatile macro environment, characterized by the U.S. government shutdown and changing monetary policy outlooks, and also highlights its growing influence in the broader crypto market. BNB's price trends to the upside on the daily chart. Source: BNBUSD on Tradingview BNB Breaks $1,100 as Uptober Momentum Builds BNB’s latest rally saw prices climb to $1,111 before consolidating near $1,096, posting a 6% gain in 24 hours and more than 17% in the last week. Analysts note that the breakout above $1,050 resistance unlocked renewed momentum, with traders now targeting $1,200 as the next psychological barrier. Market data from CoinGlass shows that nearly $400 million in leveraged positions were liquidated during the move, including $268 million in short positions. This suggests that institutional buyers and momentum traders seized the opportunity to accumulate BNB as retail traders were forced out of the market. Network Growth and Lower Gas Fees Drive Demand Beyond price action, fundamentals on the BNB Chain continue to strengthen. Recent upgrades reduced gas fees from 0.1 Gwei to 0.05 Gwei, positioning BNB Chain as one of the cheapest and most efficient blockchains for decentralized finance (DeFi) and trading applications. On-chain activity supports the bullish case. Active addresses spiked to over 73 million in September, while transaction volumes climbed to 4.34 million monthly, the second-highest on record. The chain’s total value locked (TVL) has also risen to $8.23 billion, showing steady adoption across DeFi protocols. Institutional participation is increasing too. Kazakhstan’s state-backed Alem Crypto Fund recently designated BNB as its first official investment, indicating that sovereign entities are starting to diversify into exchange-linked tokens. Can BNB Sustain Its Push Toward $1,200? With BNB’s market cap now surpassing $160 billion, experts believe the token is strengthening its position as a key asset alongside Bitcoin and Ethereum. Technical signals indicate potential further gains: the token remains strong above all major moving averages, and RSI is near but not yet in overbought levels. Nevertheless, volatility remains a significant risk. A decline towards the $1,000–$1,030 support zone could occur if profit-taking speeds up. However, as long as BNB stays above $1,050, analysts consider $1,150–$1,200 as achievable short-term targets. Related Reading: No Accident: The Powerful Factors Behind Bitcoin’s Late-September Rally As Uptober progresses, BNB’s resilience and expanding network fundamentals are fueling speculation that Binance Coin might eventually rival Ethereum in adoption and market influence. Currently, traders are watching whether BNB can convert its $1,100 breakout into a sustained rally toward new records. Cover image from ChatGPT, BNBUSD chart from TradingView
An unknown crypto trader has made one of the most unlikely fortunes of the year, turning a $68,700 bet into roughly $9.4 million by backing a token that originated from a social media hack. On Oct. 3, blockchain analytics firm Lookonchain reported that the trader bought 63.07 million units of a Binance Smart Chain token […]
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BNB has once again captured market attention after reaching a fresh all-time high around $1,111 just a few hours ago. The milestone marks another historic moment for the token, which only recently crossed the $1,000 threshold for the first time in late September. Its rapid ascent has fueled intense speculation about how far BNB’s bullish momentum can carry it as the broader market gains strength. Related Reading: Bitcoin Dynamics Show Healthy Market Structure: Analyst Sets $130K Target This surge has also reignited debates about BNB’s position in the crypto hierarchy. With Ethereum still holding its dominance as the second-largest cryptocurrency by market capitalization, some analysts are beginning to ask whether BNB could eventually challenge ETH’s place. While Ethereum boasts unmatched network effects, smart contract activity, and institutional adoption, BNB’s consistent performance and utility within the Binance ecosystem provide a strong foundation for its growth narrative. The move above $1,100 cements BNB’s reputation as one of the strongest performers in the current cycle. For investors, the question now is whether this breakout signals a new sustained trend or a moment of overheating that could trigger a correction. Either way, BNB’s rally has placed it firmly in the spotlight as one of the most closely watched assets in the market today. BNB Leads the Charge as Market Eyes Altseason The crypto market is heating up once again as major players begin to wake up, setting fresh structural highs across the board. Bitcoin is currently testing its critical resistance just below the all-time high, a level that has historically acted as the springboard for explosive rallies when finally broken. Meanwhile, Ethereum is establishing leadership among altcoins, with its recent strength signaling a shift in momentum that could spill over into the broader market. Within this backdrop, BNB has emerged as one of the standout performers. This breakout above ATH has sparked conversations among analysts who see BNB’s surge as more than just an isolated move. For many, it represents a potential leading indicator that altseason may be approaching. Historically, strong breakouts in large-cap altcoins have often preceded broader market rotations, as capital flows down from Bitcoin and Ethereum into other assets. BNB’s decisive performance has fueled speculation that the same dynamic could be unfolding now. Its utility within the Binance ecosystem, combined with strong liquidity and institutional recognition, makes it a natural bellwether for the altcoin sector. As BTC hovers near record highs and ETH sets the tone, BNB’s surge to fresh highs could be signaling that the next phase of the cycle is beginning. If momentum holds and capital rotates into other large caps, the conditions for a full-fledged altseason may be falling into place. For now, traders are closely watching BNB’s trajectory as it takes center stage in shaping market sentiment. Related Reading: Tokenized US Stocks & ETFs Coming To Telegram Wallet Via Kraken & BackedFi BNB Hits ATH After Parabolic Surge BNB is trading around $1,105 on the 4-hour chart after a strong and extended rally that has propelled the coin to fresh all-time highs. The price action over the past week has been almost parabolic, with BNB climbing steadily from under $980 to above $1,100 in just a few sessions. This surge underscores the intensity of current buying pressure as bulls remain firmly in control. The chart shows clear support from the 50-period (blue) and 100-period (green) moving averages, both trending upward and reinforcing the bullish structure. Each minor dip over the past weeks has been quickly absorbed, suggesting that demand remains strong. The 200-period moving average (red) continues to rise beneath price, providing a long-term foundation and highlighting BNB’s strong uptrend. Related Reading: Metaplanet Expands Bitcoin Holdings To Over 30K BTC – Details At this stage, the immediate resistance sits near $1,120, with traders eyeing the possibility of extending the rally further. However, the speed of the move raises caution, as steep parabolic advances often invite short-term pullbacks or consolidation phases. A healthy retest of the $1,080–$1,090 range could serve as confirmation of new support before another leg higher. Featured image from ChatGPT, chart from TradingView.com
As Bitcoin (BTC) steadily makes its way toward its current all-time high (ATH) of $124,128, optimism seems to be returning to the market. However, fresh data from Binance shows that BTC’s gains barely outweigh the risks posed by the digital asset’s volatility. Bitcoin Maintaining A Risk-Reward Balance According to a CryptoQuant Quicktake post by contributor Arab Chain, latest data from Binance – the world’s leading cryptocurrency trading platform in terms of liquidity – suggests that BTC is currently maintaining a risk-reward balance. Related Reading: Bitcoin Funding Dynamics Shift As Binance Premium Signals Aggressive Longs Specifically, the Sharpe-like ratio on Binance currently stands at 0.18, a figure very close to neutral territory. To explain, a Sharpe-like ratio measures how much return an investment generates relative to the risk it takes, similar to the Sharpe ratio but often using adjusted benchmarks or risk measures. When the Sharpe-like ratio is above 0.5, investing in Bitcoin becomes attractive since the potential returns outweigh the risks. On the contrary, a negative reading of the ratio discourages investors from taking risks, since volatility exceeds returns. During 2024, when the cryptocurrency market was largely weak and volatile, the Sharpe-like ratio spent most of the time in the negative territory. In contrast, the ratio reached elevated levels, signaling a strong uptrend, at the beginning of 2025. Currently, the Bitcoin market is trading between the two extremes – the market is neither dangerous nor in a powerful uptrend. Notably, the market appears to be in a phase of equilibrium and accumulation, as it trades close to $119,000. Arab Chain added: The latest figures show that the 30-day average return stands at just 0.26%, highlighting that the market is not delivering outsized gains; investors entering now are likely to see only modest profits relative to risk. Meanwhile, 30-day volatility is around 1.37%, which indicates a natural, moderate level of price fluctuation – not excessively calm but not alarmingly unstable either. BTC Needs A Catalyst For Next Leg Up The CryptoQuant analyst added that the BTC market is currently awaiting a bullish catalyst or strong inflows to extend its uptrend. However, if the Sharpe-like ratio falls below zero again, then a period of price correction may follow. Related Reading: Bitcoin Momentum Indicator: Why 600,000 Transactions Threshold Matters Most On the flipside, the ratio sustaining above 0.5 for several days – coupled with a price breakout above the $120,000 to $122,000 range on healthy volume – would suggest a fresh upward trend for the top cryptocurrency by market cap. Recent on-chain data hints toward a potential rally setup for BTC. Notably, the short-term holder (STH) spent output profit ratio (SOPR) recently recovered slightly to 0.995. That said, Bitcoin must defend the important $90,000 support level to avoid entering a new bear market. At press time, BTC trades at $118,788, up 1.3% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Crypto-as-a-Service taps the exchange's backend for bespoke spot and futures trading, liquidity, and settlement features.
Aster, the decentralized perpetuals exchange with backing from Binance founder Changpeng Zhao, generated more revenue than Tether in the last 24 hours. According to DeFiLlama data, Aster ranked as the highest revenue-generating protocol in the past 24 hours, surpassing Tether and Circle, the two leading stablecoin issuers. Over the last week, the exchange recorded roughly […]
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As Ethereum (ETH) fell below $4,000 for the first time since August 8, amid a market-wide pullback, the exchange reserves of the cryptocurrency also recorded a sharp decline. Notably, leading crypto exchanges like Binance and Coinbase Advanced witnessed a sharp increase in ETH outflows. Ethereum Reserves On Binance, Coinbase Advanced Dwindle According to a CryptoQuant Quicktake post by contributor CryptoOnchain, Ethereum outflows across all leading crypto exchanges have surged. In August-September 2025, the 50-day Simple Moving Average (SMA) netflow fell below -40,000 ETH per day, the lowest level since February 2023. Related Reading: Ethereum Close To Local Bottom? Analyst Flags Drop In Binance Open Interest The 50-day SMA dropping below -40,000 ETH per day signified reduced spot market supply and potential upward price pressure. The analyst shared the following chart to explain this dynamic. Meanwhile, data from Binance crypto exchange shows netflow fluctuations over the past two years, oscillating between positive and negative values. However, a clear move towards heavy outflows has emerged in recent months. The following chart shows how the 50-day SMA has reached its lowest level in two years on Binance. This indicates diminished liquid holdings on Binance, in line with the broader market trend. A similar trend can be observed on Coinbase Advanced, a top crypto trading platform that primarily serves institutional investors and US-based clients. Here, the 50-day SMA has dropped to around -20,000 to -25,000 ETH, recording the lowest level ever for this exchange. The CryptoQuant contributor noted that the significant decline on Coinbase Advanced since early summer 2025 indicates large-scale asset transfers. Presumably, these are done by institutional investors into cold wallets or non-custodial platforms. CryptoOnchain concluded by saying that the combination of multi-year lows at Binance, coupled with all-time lows at Coinbase Advanced, signals a structural, market-wide trend of ETH withdrawals from exchanges. They added: This kind of liquidity drain typically reduces immediate supply and sets the stage for potential medium‑term bullish moves – provided demand in the market rises. ETH Whales Preparing For Another Rally? Although ETH’s momentum has turned bearish over the past few weeks, on-chain data reveals that ETH whales – wallets with significant ETH holdings – are quietly accumulating the digital asset ahead of another potential rally. Related Reading: Ethereum On-Chain Bloodbath: Rugs And Scams Erode Retail Confidence, What To Know Most recently, crypto analyst Darkfost highlighted that ETH accumulator addresses are rising at an unprecedented rate. Notably, close to 400,000 ETH was added to these specialized wallets on September 24. ETH whales accumulating the digital asset despite its subpar price performance over the past few weeks is not surprising, as bullish macroeconomic prospects point toward a potential upcoming rally for the cryptocurrency. At press time, ETH trades at $3,900, down 2.8% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
As Bitcoin (BTC) continues to remain range-bound between $110,000 – $115,000, data from crypto exchanges seems divided toward the leading cryptocurrency. While Binance traders are exhibiting a bullish stance, traders from other exchanges are still showing a degree of hesitation. Binance Traders Expecting Bitcoin Price Surge According to a CryptoQuant Quicktake post by contributor Crazzyblockk, fresh derivatives data from Binance is signaling shifting market dynamics – specifically, the recent BTC funding rate on Binance points toward traders taking a bullish stance. Related Reading: Bitcoin Breaks Above Mid-Term Holder Breakeven – Is A Fresh Rally Brewing? On the contrary, the BTC funding rate from other exchanges, such as OKX, Bybit, and Deribit, suggests that traders on these platforms are still uncertain about taking any directional bet. As of September 23, the BTC perpetual funding rate on Binance climbed to +0.0084%, suggesting that the long positions are dominant and traders are willing to pay a premium to maintain their bullish bets. It is worth highlighting that the increase in funding rate is not an isolated event, as it suggests a positive seven-day change, indicating strengthening conviction among Binance traders. For comparison, the BTC funding rate on OKX is currently hovering at -0.0001%, while on Bybit it sits at 0.0015%. Finally, Deribit shows a funding rate of 0.0019%. The analyst added: This isn’t just a difference in numbers; it’s a difference in narrative. While funding rates on OKX and Bybit have actually decreased over the last seven days, Binance’s rate has climbed. For the uninitiated, funding rates can be viewed as a real-time gauge of trader sentiment in the perpetual swaps market. A strong positive rate like that of Binance, which diverges from the rest of the market, points toward aggressive bullish speculation. Is BTC About To Make A Move? In a separate CryptoQuant post, contributor XWIN Research Japan noted that Bitcoin’s implied volatility has dropped to its lowest level since 2023. Back then, the lull in the market was followed by an explosive rally of 325%, which propelled BTC from $29,000 to $124,000. Related Reading: Bitcoin Faces Bearish Pressure As Exchange Inflows Stay Elevated – Will BTC Lose $112,000 Support? The analyst added that the total Bitcoin exchange reserves continue to deplete at a rapid pace, hitting new multi-year lows. Historically, such a fall in BTC exchange reserves has preceded supply squeezes, leading to a dramatic rise in demand. That said, the overall sentiment toward BTC appears to be cold at present. The Bitcoin Fear & Greed Index suggests that investors are fearful of entering the market, which may offer a good opportunity to accumulate BTC at current market prices. However, fresh data from BTC wallets confirms that new wallets – those that are less than a month old – are starting to buy the top digital asset. At press time, BTC trades at $113,796, up 1% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Former Binance CEO Changpeng Zhao, commonly known as CZ, has found himself at the epicenter of a new controversy following a recent report by the Financial Times regarding his Web3 and artificial intelligence (AI) venture, YZi Labs. CZ Denies Financial Times Report The report suggested that Zhao was planning to open a substantial $10 billion portfolio to outside investors, a claim that has sparked a vigorous denial from the former executive of the world’s largest cryptocurrency exchange. Related Reading: Bitcoin, Ethereum, And XRP In Freefall: What’s Driving The Current Crypto Slump? According to the Financial Times, Ella Zhang, head of YZi Labs, acknowledged strong interest from potential investors, even mentioning that US Securities and Exchange Commission (SEC) Chair Paul Atkins had requested a private demonstration of the fund’s capabilities. The Financial Times report indicated that approximately 70% of YZi Labs’ portfolio consists of digital assets, with more than 50 token proposals reviewed over the summer. However, the former Binance executive took to social media platform X (formerly Twitter) to vehemently dispute the Financial Times’ claims, labeling the report as “complete false news” filled with what he described as “fake, wrong, and made-up information.” Zhao made several specific assertions in his posts. He stated that YZi Labs is not currently raising an external fund, nor is there any planned demonstration for investors. CZ expressed confusion over the concept of a “demo” for a fund and clarified that there has never been a pitch deck for YZi Labs, nor has the organization pursued any external investment discussions since its rebranding. YZi Labs Not Linked To Binance In his response, CZ further stated that YZi Labs operates independently from cryptocurrency exchange Binance and refuted claims that it was “spun out” of the exchange after his legal troubles with US authorities in November 2023. Addressing regulatory concerns, Zhao pointed out that he has only been cited for a single violation related to the Bank Secrecy Act, which he clarified involved a failure to maintain an adequate anti-money laundering program. He sated: I plead to a single violation of BSA, failure to maintain an adequate ANTI-money laundering program. Contrary to what FT characterized as “money laundering” violations. Related Reading: Why Aren’t Institutions Adopting XRP ‘Massively’? Pundit Answers The former Binance CEO stressed that his legal situation should not be conflated with accusations of money laundering, a distinction he feels is often misrepresented in traditional media. Zhao also noted that the Financial Times had previously attempted to arrange a lunch interview with him, promising positive coverage. After canceling the meeting, he expressed his regret about the situation, suggesting that the resulting article was not the narrative he had hoped for. At the time of writing, Binance’s native token, Binance Coin (BNB), trades above the $1,000 milestone, recording gains of 15% during this month’s uptrend. Featured image from BBC, chart from TradingView.com
“YZiLabs is not raising [an] external fund,” Zhao wrote, adding that “YZiLabs, since rebranding, has not sought a single external investor."
The firm has reportedly received significant interest from outside investors and may eventually become an externally focused fund.
Solana (SOL) investors are witnessing rising volatility as a surge in whale activity signals deadly selling pressure in the market. Despite a strong rally above $250 earlier in September, market sentiment appears to be shifting, with whale deposits into centralized exchanges hinting at potential headwinds ahead. Most recently, a staggering 312,233 SOL tokens were deposited into Coinbase, fueling concerns that whales may be positioning for significant profit-taking. Solana Whale Deposits Signal Rising Selling Pressure Blockchain tracker Whale Alert reported one of the largest Solana transfers in recent weeks, with 312,233 SOL valued at approximately $75.1 million, moved from an unknown wallet to Coinbase Institutional on September 21. The size and timing of this large-scale transfer immediately raised concerns that whales could be positioned to sell. Related Reading: XRP Price At $23, Dogecoin To $2, And Solana At $1,800? Analyst Unveils 2026 Predictions Before this transfer, Whale Alert had flagged another massive transaction of 227,928 SOL, worth around $54.5 million, being funneled into Coinbase on the same day. Together, these two deposits represent more than $129 million in Solana potentially at stake of being sold off. The implications of such moves are significant, as large holders typically send tokens to exchanges with the intention to sell, ultimately adding considerable downward pressure to the market. Notably, Solana’s price rally in September has been fueled by strong demand; however, these recent transfers raise the risk of oversupply, particularly as the token hovers around $224. If whales follow through with the selling, it could cap SOL’s bullish breakout attempt and force the price back to lower support zones. Interestingly, this is not the first time Solana has faced similar whale-driven headwinds this month. Just over a week ago, blockchain analytics platform Lookonchain reported multiple whale dumpings into various crypto exchanges. A wallet tagged “CMJiHu” deposited 96,996 SOL ($17.45 million) into Coinbase, while “5PjMxa” moved 91,890 SOL ($15.98 million) to Kraken. The same day, another wallet “HiN7sS” transferred 37,658 SOL ($6.73 million) to Binance, securing a profit of $1.63 million. These earlier transfers, combined with the latest inflows, show a pattern of whales steadily reducing their exposure as market sentiment shifts. SOL Momentum Weakens Under Heavy Selling Crypto analysts now view Solana as being at a pivotal crossroad, where strong fundamentals clash with mounting selling pressure and technical risks. Market expert Tom Tucker notes that SOL has climbed more than 150% in 2025, but its rally is showing signs of fatigue. The analyst’s chart reveals a rising wedge formation, often a precursor to a breakdown, combined with weakening momentum indicators. Related Reading: Solana price At Risk Of 10% Crash With Descending Broadening Wedge The Relative Strength Index (RSI) is narrowing into a triangle, suggesting indecision, while the MACD has flattened after months of strength. This setup, when paired with heavy whale deposits into exchanges and rising sell pressure, underscores the growing possibility of a short-term pullback. Yet, the outlook is not entirely bearish. Tucker points to optimism surrounding a potential Solana ETF, the upcoming Alpenglow upgrade, and steady treasury accumulation as fundamental drivers that could extend SOL’s long-term growth. Featured image from iStock, chart from Tradingview.com
Arthur Hayes, chief investment officer at Maelstrom and co-founder of BitMEX, sold 96,600 Hyperliquid (HYPE) tokens for roughly $5.1 million, less than three weeks after his bullish prediction about the asset. Over the weekend, reports emerged that the crypto entrepreneur sold his entire stash of the decentralized exchange platform’s native token, sparking concerns about his […]
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Binance founder Changpeng Zhao has shifted his view on memecoins after his new education initiative, Giggle Academy, received millions of dollars in crypto donations. The project, designed to provide free learning opportunities, surpassed $2.4 million in contributions within days of launching its donation feature, according to the Giggle Fund website. Giggle memecoin Zhao shared on […]
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Earlier this week, the US Federal Reserve (Fed) cut interest rates by 25 basis points, providing the much-required impetus to the economy after a cycle of raising interest rates to keep inflation under check. A cut in interest rates is likely to benefit risk-on assets, including Bitcoin (BTC). Fed Cuts Interest Rate, Bitcoin Supply Ratio Falls According to a CryptoQuant Quicktake post by contributor Arab Chain, the latest data from Binance shows that the interest rate cut has rekindled investors’ interest in BTC. Notably, the exchange supply ratio has declined to 0.0291, hinting that investors are choosing to withdraw their BTC from exchanges and hold it for the long-term instead of selling it. Related Reading: Bitcoin Breaks Above Mid-Term Holder Breakeven – Is A Fresh Rally Brewing? To support their analysis, Arab Chain shared the following chart, which shows a tumbling exchange supply ratio while the BTC price continues to shoot up. The analyst noted that the interest rate cut has increased risk appetite and improved liquidity in the market. This behavior shows that the Fed’s monetary policy will remain dovish for the near term, which could mitigate selling pressure on BTC for the time being. Low exchange supply is creating relative buying pressure, as Bitcoin’s stability above $115,000 further supports this trend. The analyst remarked that if BTC outflows from crypto exchanges continue at the current pace, then the digital asset may target the $120,000 resistance level. However, liquidity must continue to flow into digital assets, driven by the Fed’s decision. Arab Chain added: The continued decline in the Exchange Supply Ratio for Bitcoin, coupled with a rising price, reinforces the bullish scenario, especially if traditional markets stabilize after the Fed’s decision. Conversely, if the Exchange Supply Ratio turns upward again (if Bitcoin reenters exchanges), it could signal that investors are preparing to take profits at levels near 118K–120K. Meanwhile, crypto analyst Titan of Crypto had similar thoughts. In an X post, the analyst shared the following chart, saying that BTC is currently stuck under the bearish fair value gap. A daily close above this gap – highlighted in red – could pave the way for a new high for BTC. Is BTC Facing A Supply Crunch? A declining exchange supply ratio further suggests that BTC may be approaching a bullish ‘supply crunch’ that could lead to significant price appreciation for the digital asset in the near term. Related Reading: Bitcoin Sentiment On Binance Turns Bullish – But Is The Market Setting A Trap? Recently, the Bitcoin Scarcity Index recorded its first spike since June 2025, indicating potential upward price pressure on BTC. Meanwhile, BTC outflows from Binance continue at a rapid pace, further reducing the digital asset’s active circulating supply. That said, some concerns still linger, specifically due to the lack of participation of whales in recent BTC price action. At press time, BTC trades at $116,374, down 1.3% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com
Aster’s native token, ASTER, surged 1,650% in its first 24 hours of trading and reached $0.528, according to platform reports. Related Reading: FalconX Moves 413K Solana Worth $98M – Impact On SOL Price Trading volume for the token in that window was listed at $345 million, and the launch reportedly drew 330,000 new wallets. Rapid User Growth And Liquidity According to on-chain data and platform disclosures, Aster’s total value locked jumped from $660 million to $1 billion shortly after launch. The platform claims total users of 1.848 million, with seven-day new user additions hitting 617,379. Reports show daily figures of 53,332 new users and $1.50 billion in 24-hour trading volume. The debut also included a Binance Alpha listing within hours and new perpetual markets introduced with up to 50x exposure across four assets. Platform income was reported at $466,838 for a day and $49.2 million in total earnings to date. A significant first step for $ASTER on BNB Chain. • $345M traded in 24h • Price reached $0.528 (~1,650%) • 330K new wallets joined • TVL $660M → $1.005B • Platform volume near $1.5B Thanks to our community for the trust and support. We’ll keep focusing on building an open… pic.twitter.com/cgPlwb2FVh — Aster (@Aster_DEX) September 18, 2025 Feature Rollouts And Trading Tools Based on reports, Aster moved quickly to enable spot withdrawals earlier than planned, using BNB Chain with a quoted 30-second processing time. The team activated ASTER/USDT perpetuals with four-times margin and hourly funding rate settlements. The platform also introduced a Genesis Stage 2 scoring program that rewards more than just raw trading volume, aiming to favor what it calls “smart traders.” Top users have been reported to show realized gains greater than $645,000 in early trading sessions. Technical Features And Security Aster has positioned itself as a multi-chain protocol with native support across BNB Chain, Ethereum, Solana, and Arbitrum, removing the need for manual bridging for many flows, according to technical notes. The protocol uses zero-knowledge proofs on its own Aster Chain for trade validation and taps Pyth Network oracles for price feeds. Reports show the platform uses collateral tokens like asBNB and USDF that can be staked to earn yield while remaining active in trading. Related Reading: From $2 Trillion To $400T? CEO Sees Bitcoin Exploding 200x – Here’s More Strong Endorsement Meanwhile, platform data listed $517 trillion in cumulative trading volume and close to $450 million in total TVL. Much of Aster’s surge can be tied to the strong backing of former Binance CEO Changpeng Zhao. His public endorsements, where he compared the platform’s liquidity to “Binance level” and praised the team’s execution, have played a major role in drawing attention and capital to the project. Featured image from Unsplash, chart from TradingView
Binance founder Changpeng Zhao has backed Aster (ASTER), a new decentralized derivatives platform that aims to challenge Hyperliquid’s dominance in the sector. In a Sept. 19 post on X, Zhao revealed that Aster had become the largest holder of BSC-USDT, apart from Binance’s own hot wallet. According to Arkham Intelligence data, Aster’s wallet holds $131 […]
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The move comes as Ethena looks to “expand its presence” on BNB Chain, including supporting new money markets and protocol integrations.
Bitcoin (BTC) is holding near $117,500, up about 6.1% over the past two weeks. However, recent data from Binance shows that BTC’s current price action is largely supported by retail investors, while whales have been noticeably absent. Bitcoin Holds $117,500 Amid High Retail Inflows According to a CryptoQuant Quicktake post by contributor Arab Chain, Bitcoin is hovering around the $117,500 price level, supported by active inflows from retail investors. Notably, large whale inflows have been completely absent, indicating that the current market is being driven by individuals more than by large wallets. Related Reading: Bitcoin Miners Shift Strategy: Accumulation Over Selling Signals Stronger Bull Cycle Inflows ranging from 0 to 0.001 BTC recorded approximately 97,000 BTC. Similarly, inflows from the 0.001 to 0.01 BTC segment totaled nearly 719,000 BTC. The distribution above suggests that Bitcoin’s current rally is largely driven by retail investors. These investors conduct numerous but small-volume transactions, confirming that individual investors are shaping the market dynamics. Arab Chain added: The figures reveal that the bulk of inflows are concentrated in small and medium-sized transactions, reflecting the dominance of retail activity in Bitcoin trading. This liquidity, despite its limited scale, has helped keep the market balanced at current levels. It is worth emphasizing that there has been almost no whale pressure during the current market rally. Specifically, no significant surges in inflows of more than 100 BTC were observed, mitigating the likelihood of a sharp short-term price correction. To conclude, the current market situation shows that Bitcoin is experiencing a state of equilibrium, largely due to heightened retail investor participation. Such a scenario gives the market an opportunity to steadily surge toward the important $120,000 resistance level. That said, it would be wise to keep an eye on any whale activity, as it could quickly alter the market’s direction. Any sudden entry of whale inflows could trigger a rapid price correction, similar to previous market tops. Experts Divided On BTC Price Action As Bitcoin trades about 5.4% below its all-time high (ATH), there are signs that the top cryptocurrency by market cap may be on the cusp of a fresh rally. For instance, BTC recently broke above the mid-term holder breakeven, reducing the likelihood of an immediate sell-off. Related Reading: Bitcoin Market Faces Supply Squeeze As Scarcity Index Turns Positive Again Recent positive developments – such as the US Federal Reserve (Fed) reducing interest rates by 25 basis points – could reinvigorate the crypto market. Against that backdrop, crypto entrepreneur Arthur Hayes recently reiterated his ambitious $1 million BTC prediction. That said, gold bug Peter Schiff opines that BTC has likely already peaked for this market cycle. At press time, BTC trades at $117,523, up 1.8% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Senator Elizabeth Warren is intensifying her scrutiny of Binance, the world’s largest cryptocurrency exchange, by demanding clarifications from the US Department of Justice (DOJ) regarding the crypto company’s compliance with a 2023 settlement agreement. This comes in the wake of concerns about the exchange’s alleged ties to President Donald Trump’s administration and the potential easing of regulatory oversight. Warren Pressures DOJ On Binance Compliance Following years of legal challenges, which culminated in the resignation and brief imprisonment of former CEO Changpeng Zhao (CZ) over allegations of money laundering in the US, Binance appeared to have navigated a path toward a more favorable regulatory environment during Trump’s presidency. However, in a recent letter to Attorney General Pam Bondi, Warren, along with two fellow Democratic senators, pressed for confirmation that Binance is adhering to the ongoing requirements stipulated in its plea agreement related to charges, including money laundering and violations of US sanctions laws. Related Reading: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow The senators expressed their concerns over reports of meetings between Binance executives and Treasury Department officials, seeking clarity on the administration’s role in ensuring the exchange’s compliance with the settlement. Warren’s letter highlighted several specific inquiries. She requested information about the Department’s efforts to guarantee Binance’s compliance with its plea agreement, the status of the company’s anticipated exit from the US market, and any discussions regarding a potential pardon for Zhao. This follows the former CEO’s official request for a presidential pardon earlier this year, after rumors from The Wall Street Journal and Bloomberg suggested that CZ and Trump would be collaborating. The senators also sought details about conversations relating to World Liberty Financial (WLFI), a decentralised finance (DeFi) venture run by the president’s sons, and its plans to list a new stablecoin called USD1 on the Binance platform. Lawmakers Demand Clarity In a response from the Department of Justice on September 12, officials summarized Binance’s plea agreement and confirmed that the exchange had paid all penalties due. However, the senators asserted that the response failed to address their key questions, particularly regarding Binance’s compliance with ongoing requirements. The letter concluded as follows: These reports make it more important than ever that the public understand the Trump Administration’s interactions with, and relationship to, Binance and its employees. We therefore once again request meaningful answers to the questions above by no later than October 1, 2025. Related Reading: Coinbase Vs. State Regulators: Crypto Exchange Fights Legal Fragmentation As NewsBTC reported earlier this week, the exchange is currently in discussions with federal prosecutors to potentially eliminate the oversight condition from its $4.3 billion settlement, specifically the requirement for an external compliance monitor. This development raises alarms for Democrats, especially given that the Department of Justice has begun to scale back the number of compliance monitors established during the Biden administration. Featured image from DALL-E, chart from TradingView.com
In a letter sent to AG Pam Bondi on Thursday, Senators argue the DOJ and Treasury Department did not adequately reply to earlier questions.
Senator Elizabeth Warren and colleagues asked the attorney general what's up with Binance and reports of U.S. talks over its enforcement compliance.
Solana is once again in the spotlight after surging past the $240 level, marking a strong recovery and renewed momentum for the altcoin. Bulls appear firmly in control, but analysts caution that the next critical resistance lies at $270, a level that must be reclaimed before Solana can realistically attempt to retest its all-time high. The move underscores the growing confidence in SOL as one of the leading players in the market, particularly as institutional activity adds fuel to the rally. Related Reading: Solana Sees Institutional Accumulation: 413,075 SOL Moved Off Exchanges In Hours Fresh data from Lookonchain highlights this trend, revealing that institutions continue to accumulate SOL, signaling sustained confidence in the token’s long-term potential. This influx of capital aligns with broader bullish sentiment across the market, where traders are increasingly positioning for higher valuations. Beyond technicals, fundamentals also support Solana’s rally. The network continues to post strong activity levels, with robust developer engagement and rising usage in areas such as DeFi, NFTs, and real-world applications. Together, these factors suggest that SOL could extend its momentum in the coming weeks. Institutions Double Down on Solana Accumulation Solana continues to attract institutional attention, reinforcing its position as one of the leading assets in the crypto market. According to Lookonchain, FalconX executed another massive withdrawal just four hours ago, moving 118,190 SOL (worth $28.39 million) from Binance. This follows an even larger transfer reported yesterday, when the same institution withdrew $98 million worth of SOL from multiple exchanges, including Binance, OKX, Coinbase, and Bybit. The back-to-back moves underscore the rising confidence of institutional players who appear to be positioning themselves ahead of what many expect could be a new expansion phase for the market. Such consistent accumulation adds strong support to Solana’s price outlook. Investors often interpret large institutional withdrawals from exchanges as a signal of long-term conviction, since assets moved off centralized platforms are typically intended for custody or staking rather than immediate resale. With Solana already trading above $240 and bulls eyeing the critical $270 resistance level, these developments strengthen the case for further upside momentum. The timing is also crucial. The Federal Reserve’s recent 25bps rate cut has shifted market sentiment, propelling risk assets into a new phase of optimism. With liquidity flowing back into the system and institutional players aggressively accumulating, Solana could emerge as one of the top beneficiaries of this renewed bullish environment. Related Reading: Bitcoin Advanced Sentiment Signals Bullish Edge As Traders Eye Fed Pivot Technical Details: Testing Key Level The weekly chart of Solana (SOL) shows strong bullish momentum, with the price now trading at $246.69, up nearly 3% in the last session. This move extends a rally that began in early August, pushing SOL above its key moving averages. The 50-week SMA ($180.40) and the 100-week SMA ($154.05) are both trending upward, providing a solid base of support. The long-term 200-week SMA ($101.71) remains well below current levels, highlighting the strength of Solana’s multi-month uptrend. What stands out is Solana’s attempt to reclaim levels last seen in late 2021, when it reached its all-time high above $260–$270. Currently, SOL is testing resistance in this critical zone. A successful breakout above $270 could pave the way for another retest of all-time highs near $300–$320, while failure to hold momentum here may result in a pullback toward the $200–$210 support region. Related Reading: BNB Chain (BNB) Smashes $1,000 Milestone for the First Time Ever Institutional accumulation, as reported recently, continues to provide bullish tailwinds. Combined with improving macro sentiment after the Fed’s rate cut, Solana’s technicals suggest that bulls remain firmly in control. However, traders should remain cautious of potential profit-taking at these elevated levels, given the significance of historical resistance in this area. Featured image from Dall-E, chart from TradingView
BNB crossed the $1,000 mark for the first time on Sept. 18, briefly touching $1,007 before retreating to $997, according to CryptoSlate data. The surge capped a 12% weekly gain and extended the token’s year-to-date rally to more than 42%, making it one of the top-performing large-cap assets of 2025. BNB is a crypto token […]
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BNB Chain (BNB) has reached a historic milestone after its native token, BNB, broke past the $1,000 mark for the first time. The achievement comes on the heels of the Federal Reserve’s decision to cut interest rates by 25bps, a move widely seen as supportive for risk assets. The broader crypto market quickly responded, entering what many analysts describe as a new, more constructive phase with optimism for the weeks ahead. Related Reading: Bitcoin Advanced Sentiment Signals Bullish Edge As Traders Eye Fed Pivot The milestone carries symbolic weight, marking BNB’s transformation from a utility token to one of the most valuable assets in the digital economy. The surge reinforces Binance’s dominance as the largest exchange by trading volume, while highlighting the platform’s growing ecosystem, which continues to expand across DeFi, payments, and blockchain infrastructure. Co-founder Changpeng Zhao (CZ) reflected on the moment in a post on X, writing: “Watching BNB go from $0.10 ICO price 8 years ago to today’s $1000 is something words cannot explain. I, not representing any entity or title, as just a community member and a #BNB holder, thank everyone in the BNB and crypto ecosystem, for your support.” BNB Chain (BNB) Enters Uncharted Territory With Momentum BNB chain’s native token has surged more than 65% since June, cementing its position as one of the strongest performers in the current bull cycle. What makes this rally particularly notable is its relative strength against the broader market, a trend that began in late 2023 and has only accelerated in recent months. While many altcoins experienced prolonged corrections and uneven recoveries, BNB has consistently defended key levels, building a resilient foundation for its breakout past the $1,000 milestone. With a market capitalization of around $140 billion, BNB has secured its spot as the 5th largest cryptocurrency in the world, surpassing long-time competitors and reaffirming its status as a cornerstone of the digital asset ecosystem. This remarkable achievement highlights the token’s dual role: as both a utility asset within Binance’s vast ecosystem and as a store of value increasingly favored by institutional and retail investors. The coming weeks are expected to be decisive as BNB enters uncharted price territory. Optimism surrounding the market is high, with analysts pointing to the favorable macroeconomic backdrop—most recently reinforced by the Federal Reserve’s 25bps rate cut—as a catalyst for further growth. However, entering new highs also brings challenges, as volatility often spikes in discovery zones. Related Reading: Solana Sees Institutional Accumulation: 413,075 SOL Moved Off Exchanges In Hours BNB Price Action Details – Weekly Structure BNB has officially reached the historic $1,000 milestone, marking a powerful continuation of its multi-month uptrend. The weekly chart shows a clean breakout from prior resistance zones, with momentum accelerating over the past several weeks. This surge highlights strong demand and institutional accumulation, especially following the Fed’s 25bps rate cut, which has acted as a catalyst for renewed optimism across the market. The chart reveals a well-structured rally with BNB consistently respecting its 50-week moving average, which now acts as a reliable dynamic support around $680. Both the 100-week ($572) and 200-week ($443) moving averages are trending higher, underscoring the token’s long-term strength and confirming a bullish market structure. Importantly, the recent breakout places BNB in uncharted territory, leaving price discovery as the next phase. Related Reading: Whale Unstakes 2M HYPE After 9 Months – $89.8M Profit On The Line While momentum remains clearly bullish, traders should be mindful that vertical rallies often invite profit-taking and volatility. A healthy consolidation above $950–$1,000 would strengthen the breakout and provide a new base for continuation. Conversely, if selling pressure intensifies, support levels around $850 and $780 could be retested. Featured image from Dall-E, chart from TradingView
Changpeng “CZ” Zhao has stirred fresh talk that he may be stepping back into a bigger public role at Binance after a sudden change to his X profile and a string of developments around the exchange. Related Reading: Ethereum Bulls Target $8,500 With Big Money Backing The Move – Details Market moves and reports about talks with US law enforcement have fed the chatter, but legal limits remain a central part of the story. Profile Change Sparks Speculation Based on reports, CZ updated his X profile from “ex-@binance” back to “@binance,” a small public tweak that many traders and observers took as a hint he might reengage with the company he founded. The market reacted quickly. BNB, Binance’s native token, climbed and in some feeds was shown near $962.29 on September 17, 2025, as traders pushed prices higher amid the rumors. Binance In Talks With US Justice Department Reports say Binance is in discussions with the US Justice Department about whether to end the three-year compliance monitor that formed part of its 2023 settlement. If those talks succeed, the monitor could be removed earlier than planned. That 2023 deal included a roughly $4.3 billion settlement and conditions meant to strengthen Binance’s controls. Ending oversight sooner would not automatically mean CZ can resume a top executive job, but it would remove one major obstacle cited by industry watchers. Legal Limits Still In Place According to earlier reporting, CZ’s legal agreements tied to the settlement include limits on his ability to run or manage the exchange for a given period. Those restrictions are a hard constraint until they are changed by a court or by an enforcement agency. Because of that, a full operational comeback as chief executive looks unlikely unless formal legal steps are taken to alter the terms. That point has been made repeatedly by legal analysts in the crypto press. Related Reading: XRP’s Biggest Rally Yet? Analyst Projects $20+ In October 2025 Public Moves And Treasury Plans Based on reports, CZ has been talking publicly about building the BNB ecosystem and has floated plans tied to a BNB Treasury effort. Those moves are fueling the sense he is preparing to take on a bigger public role, even if it is not the same as running day-to-day operations. Some market watchers say the profile change could be symbolic — meant to reassure traders and investors — rather than the start of a formal return. Featured image from Unsplash, chart from TradingView
Bitcoin has observed a recovery surge toward $117,000 as on-chain data shows Binance users have been making consistent withdrawals recently. Binance Bitcoin Netflow Has Been Negative Recently As pointed out by CryptoQuant community analyst Maartunn in a Quicktake post, BTC has been flowing out of Binance recently. The on-chain indicator of relevance here is the “Exchange Netflow,” which keeps track of the net amount of Bitcoin that’s entering into or exiting out of the wallets connected to a given centralized exchange. When the value of this metric is positive, it means the inflows are overwhelming the outflows on the platform. Generally, one of the main reasons why investors deposit their coins in exchanges is for selling-related purposes, so this kind of trend can be a bearish sign for the asset’s price. Related Reading: Bitcoin Trend Constructive As Long As This Metric Holds, Glassnode Says On the other hand, the indicator having a value under zero implies the holders are taking a net number of tokens out of the custody of the exchange. Such a trend may be a sign that the investors are accumulating, which is naturally something that can be bullish for BTC. Now, here is a chart that shows the trend in the Bitcoin Exchange Netflow for Binance, the largest exchange in terms of trading volume, over the past month: As displayed in the above graph, the Bitcoin Binance Exchange Netflow has been negative for the last nine days, indicating that investors have constantly been pulling supply out of the platform. In the same period as these outflows, BTC has seen a recovery run toward the $117,000 level, so it would appear possible that the withdrawals have had a role to play in it. The outflows are also interesting in the context of the two-day Federal Open Market Committee (FOMC) meeting, which kicked off on Tuesday and will conclude on Wednesday with a speech from US Fed Chair Jerome Powell. “Most analysts expect the Fed to cut rates this week, with prediction markets like Polymarket showing a 92% probability of a rate cut,” notes Maartunn. “The steady outflows from Binance may reflect early positioning ahead of this event.” It now remains to be seen how the market will react when Powell delivers the Fed decision, and whether the streak of Bitcoin net outflows from Binance will continue. Related Reading: Bitcoin Bull Score Sees Sharp Jump, No Longer Signals Bear Phase Bitcoin outflows aren’t the only thing that has occurred on Binance ahead of the FOMC meeting. As CryptoQuant author Darkfrost has pointed out in a Quicktake post, the exchange has also seen massive stablecoin inflows. From the chart, it’s visible that Binance has seen a large stablecoin netflow spike corresponding to the deposit of nearly $2 billion worth of stablecoins. Investors transfer their fiat-tied tokens to exchanges when they want to buy into an asset like Bitcoin, so this could be another indication of investors repositioning in anticipation of the Fed decision. BTC Price At the time of writing, Bitcoin is trading around $116,400, up around 3.6% over the last week. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
Although Ethereum (ETH) is still up approximately 80% over the past three months, the second-largest cryptocurrency by market cap appears to have lost its momentum lately, down 0.6% over the past month. Binance Ethereum Trading In Neutral Zone According to a CryptoQuant Quicktake post by contributor Arab Chain, Ethereum trading on Binance during September 2025 is witnessing a period of relative calm compared to other months. Notably, there has been a decline in the imbalance between ETH spot and perpetual volumes. Related Reading: Ethereum Staking Hits Record 36 Million ETH, Driving Structural Supply Shock Commenting on ETH’s recent price surge, which saw it jump from $2,127 on June 15 to around $4,500 at the time of writing, Arab Chain noted that this rally was not supported by strong momentum. Neither the spot market nor leveraged speculators contributed to the price appreciation. The CryptoQuant contributor brought attention to ETH’s Z-score, which has oscillated between 0.0 and -1.0 for most of September. Such a Z-score typically signifies the asset trading in a neutral zone, with a slight tilt toward the spot market. For the uninitiated, a Z-score measures how far a data point is from the mean, expressed in units of standard deviation. In trading, it’s used to identify whether a value – like volume or price – is unusually high or low compared to its historical average. In essence, ETH’s current Z-score means that perpetual contracts are slowly losing their dominance in trading volume. This could be due to multiple reasons, such as speculators exiting the market or due to increased dependence on real buy/sell orders from actual investors. The decline in perpetual trading volume is significant compared to the period between June and August. As a result, the appetite for leveraged speculation has dwindled too, a sign of growing caution in the market. Arab Chain added: Despite this decline, the spot market also showed limited strength, reflecting a general lack of investor engagement. Spot volume remained below the 500K–1M range, which is significantly lower than the peaks recorded in July and June. The analyst cautioned that although the lack of strong imbalances between the spot and perpetual markets may seem positive at first, it could also mean there is heightened uncertainty and stagnation pertaining to the direction of ETH’s price. Is ETH Preparing For A New Rally? Although ETH appears to be stuck in limbo due to its sluggish price action, some analysts are confident that the digital asset is likely to resume its bullish trajectory in the near term. For example, ETH reserves on exchanges continue to deplete at a rapid pace. Related Reading: Ethereum Outflows Drive Binance Supply Ratio Under 0.037, Signaling Bullish Setup Similarly, institutional demand for ETH continues to be strong, with some analysts forecasting ETH to climb to $6,800 by the end of 2025. At press time, ETH trades at $4,439, down 1.6% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com