Binance Dominates BTC Spot Trading Amid Signs of a Bullish Cycle

• Binance leads BTC spot trading, recording $1.43B volume amid market uncertainty.
• BTC whale inflow momentum hits 11-year high, signaling a sharp surge in large-holder activity. 
• Emerging signals suggest Bitcoin could be at the beginning of a bull cycle.

Binance, the world’s largest cryptocurrency exchange by volume, is affirming its status as the hub of Bitcoin trading despite rising geopolitical and macroeconomic uncertainty. The crypto exchange maintains its dominance in BTC Spot Trading, with $1.43 billion in trading volume, more than double its nearest competitor, Crypto.com, which traded $673 million in BTC as of March 22, 2026.

11-Year Record for BTC Momentum Whale Inflow

Bitcoin’s momentum whale inflow ratio has reached an 11-year high, suggesting significant resilience among holders despite an overall pullback in crypto prices amid heightened geopolitical tensions. Notably, this indicator tracks the rate of change of inflows driven by large holders.

Typically, an extreme peak momentum whale inflow indicates exponential acceleration in capital flowing into exchanges compared to historical averages. 

The current situation is unique, particularly in capital velocity among large-scale Bitcoin holders. It is an ‘anomaly’ that suggests an active, high-volume phase of capital redistribution and hedging, implying greater price volatility, according to a CryptoQuant analyst.

Whales Are Accumulating Bitcoin

It is worth noting that the BTC balance on exchanges has declined by approximately 70,000 coins in the past month. Such a development typically suggests ongoing accumulation, with holders moving their Bitcoins into more secure cold storage, away from platforms where they can be easily exchanged or liquidated. Historically, significant drops in exchange balances often signal the beginning of an upward trend.

In the meantime, Bitcoin surged over 6.5% on Monday after bouncing off support at $67,435. The cryptocurrency returned above the crucial $70,000 resistance to trade at $71,025 at the time of writing, according to TradingView’s data. 

Technical analysts have identified signs suggesting Bitcoin may be in the early stages of an upside reversal, particularly the formation of higher lows on the daily timeframe. The cryptocurrency needs to break above the $76,000 resistance level, which it tested seven days ago, to boost confidence in a return of bullish momentum.

Related: $2.2B USDT Flood Hits Binance as Liquidity Returns, Fueling Bitcoin Rally