Binance Bitcoin reserves hit January levels — months before BTC jumped 90%
Bitcoin reserves on Binance have fallen under 570,000 BTC, the lowest level since January. Will history repeat itself?
Bitcoin reserves on Binance, the world’s largest crypto exchange by trading volume, have dropped to levels not seen since January 2024, just two months before Bitcoin’s price skyrocketed 90% in March.
If Bitcoin follows the same pattern with its current price of $98,680, it would mean a $187,500 price in a matter of months.
Binance’s Bitcoin (BTC) reserves recently dipped below 570,000 BTC — the lowest level since January, according to CryptoQuant contributor Darkfost in a Dec. 25 analyst note.
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Author: Ciaran Lyons
