The crypto market is experiencing a rise in volatility and bullish sentiment. However, crypto analyst oinonen_t says that despite the volatility and high price growth in this market, Bitcoin ($BTC) holders have shown great trust in the well-known crypto exchange. Popular Crypto analysts have joined social media to reflect current optimism among Bitcoin investors regarding Binance.
Smart Money trusts Binance for execution
“Binance’s Bitcoin investors appear to be holding assets during the rise in volatility, reflected in the unrealized profits of Bitcoin reserves. This action reflects long-term commitment to market volatility.” – @oiononen_t pic.twitter.com/gkuodphnup
– cryptoquant.com (@cryptoquant_com) May 10, 2025
As volatility grows, Binance doubles whales and facility hadling
Data from Crypto Analytics company Cryptoquant points out that Binance is currently over 40% of global spot trading volume. On top of this, the well-known Crypto Exchange is leading up to 50% of the cumulative $BTC spot trading volume for the first quarter of this year. Additionally, Binance is supported by a global consumer base of over $140 billion, with over $250 million in user assets. So it beats the overall central exchange competitor.
Supported by many retail investors, the exchange now witnesses a surge in whales and system activity. Therefore, smart money traders are increasingly using Binance’s infrastructure to effectively organize and implement high value transfers.
Apart from that, on-chain wallet analysis also highlights this broad shift. Such instances include “5E585…..3C3B9” (a wallet linked to potentially large institutions) that obtained a 200m $XRP token on the last day of April. Additionally, another such wallet, “6FCB4…..EEDD3,” reportedly transferred $1,500 of BTC coins to the wallet in mid-April. Additionally, my third wallet, “0x39e…..0C212,” also got a $60,813 ETH at the end of March. These significantly higher net wallet transfers show quick trust in binance. Furthermore, their stable hadling amidst volatility is another sign of a potentially rising bull market speculation.
Expanding investor interest will drive widespread growth and recruitment
According to Cryptoquant analysts, this trend highlights the broader narrative of the crypto market. Therefore, the notable trust of large investors in Binance shows a reliable platform to run. In this regard, as the digital assets landscape continues to evolve, Binance is gaining the attention of the community. In particular, institutional and whale involvement are a major indication of further growth in vinanence. Furthermore, the current pattern shows that smart money is preferred to select Binance compared to other crypto exchanges.
