Binance secures 37% of the BTC futures market: whale pressure failed to significantly affect Bitcoin’s price
September was marked by active moves from major investors in the Bitcoin market. Binance data shows that whales and long-term holders repeatedly transferred coins to the exchange throughout the month, creating short-term price pressure. The Exchange Inflow CDD indicator signaled noticeable spikes, especially in mid-month, indicating attempts to test the market and partially lock in profits. However, the selling did not escalate into a large-scale exit, confirming sustained investor confidence.
Each spike in long-term wallet activity coincided with slower growth or short-term pullbacks, yet the BTC support level at $108,000 was never broken. This indicates strong liquidity and the market’s ability to absorb excess supply. The balance remained stable, allowing the price to stay within the $108,000–$117,000 range.
Against this backdrop, Binance strengthened its global dominance. The platform accounted for 37% of all BTC/USDT futures trades, nearly double that of its closest competitor, Bybit, which holds about 20%. Such liquidity concentration makes Binance the primary price benchmark and a key venue for institutional and professional traders.
Binance’s position on the spot market is equally significant. The exchange processed over 17% of global trading volume in the BTC/USDT pair. This confirms that the platform maintains leadership, offering the deepest liquidity and minimal slippage.
For short-term traders, September was an example of resilience: even under pressure from large holders, Binance’s liquidity ensured smooth absorption of trades and minimal price distortions. For long-term investors, the outlook remains positive: partial profit-taking did not signal a mass exit.
See also: "Binance Launches Crypto-as-a-Service for Financial Institutions"
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