Surge in Buying Activity on Binance as Bitcoin Surpasses $100,000

Bitcoin’s valuation has successfully surpassed the $100,000 mark after a period of trading below this threshold for several weeks. This recent uptick indicates a revival of momentum in the overall cryptocurrency market. As of the latest data, Bitcoin is priced at $100,383, showing a 3.5% increase within the last 24 hours.

Even with this rise, Bitcoin is still approximately 8.4% under its peak value of $109,000 achieved in January 2025, indicating potential for further growth if investor interest continues.

Increasing Buy-Side Pressure as Key Indicator Reaches Positive Level

An analyst from CryptoQuant has noted that the Taker Buy-Sell Ratio on Binance, a key indicator of aggressive buying relative to selling, is currently on an upward trend. Insights shared by Crazzyblockk delve into this development and what it might imply for Bitcoin’s price direction.

The post titled “Binance Taker Buy-Sell Ratio – Your Smart Money Radar” reveals that the ratio is at 1.131, indicating a stronger tendency for buyers than sellers in the market. The seven-day average has also risen to 1.045, alongside a 12.1% growth in the 30-day average.

These metrics suggest a bullish outlook, though the corresponding z-score of 2.45 indicates that market conditions may soon reach short-term overbought levels.

Crazzyblockk emphasizes that Binance stands out as a reliable platform for assessing market sentiment due to its substantial liquidity and trading volume. The size of the platform provides a trustworthy reflection of institutional and high-frequency trading activities.

The analysis indicates that if the taker ratio remains above 1.1 and Bitcoin maintains the $99,000 mark, the bullish trend is likely to continue. Conversely, a dip below 1.05 could suggest profit-taking and a slowdown in momentum. The current price volatility also offers chances for short-term traders to take advantage of market fluctuations.

Emergence of New Whales Alters Bitcoin Ownership Trends in 2025

In another review, CryptoQuant contributor OnChainSchool has identified significant shifts in the demographics of Bitcoin’s largest holders. Through on-chain data analysis, the contributor has noted a marked increase in the number of wallets containing over 1,000 BTC that have been established within the last 155 days, typically categorized as new whales.

This year, the ratio of new to old whales has surged from 0.16 to 0.28, representing a 75.6% growth in their relative numbers. Collectively, these new wallets have incorporated over 430,000 BTC, while older whale accounts have reduced their holdings by approximately 24,000 BTC.

Despite the ever-changing nature of wallet classifications, in which new whales transition after 155 days, the consistent upward trend in balances indicates an influx of investment from newer, high-value participants.

Notably, this trend coincides with reports of Bitcoin’s realized capitalization reaching an all-time high, reflecting increasing confidence in BTC among investors.