Binance is once again asserting its dominance in the crypto trading landscape, with Bitcoin spot trading volume on the platform now equaling the combined volume of all other exchanges, according to a new analysis shared by CryptoQuant.
This shift in volume leadership has historically preceded positive price action for Bitcoin, raising hopes among traders for a potential bullish breakout.
Binance Spot Volume Dominates the Market
CryptoQuant’s latest data shows a dramatic resurgence in Binance’s Bitcoin spot volume, which now exceeds the combined volume of all competing exchanges. Even more striking, Binance’s spot activity is currently over 10 times larger than Coinbase’s, highlighting a growing centralization of liquidity on the world’s largest crypto exchange.
This dominance is not just symbolic—it holds market-moving implications.
Volume Delta Approaching Key Inflection Point
The “Binance vs Other Exchange Spot Volume Delta” is nearing a positive crossover, a condition that in past cycles has been closely followed by upward movements in Bitcoin’s price. When Binance’s spot volume begins to decisively outpace its competitors, it often reflects renewed retail and institutional interest, as well as stronger conviction behind market buys.
CryptoQuant emphasizes that this trend is worth watching closely, as it has repeatedly signaled bullish reversals during previous accumulation phases.
Why It Matters: Liquidity and Confidence
Binance’s spot volume dominance suggests a few key dynamics are at play:
Liquidity is concentrating, which typically allows for cleaner price discovery and faster reactions to bullish catalysts.
Retail and whale traders appear to be favoring Binance again, signaling increased confidence in the platform during periods of market uncertainty.
The surge in spot volume — as opposed to derivatives — could point to genuine buying demand rather than speculative leverage.
Conclusion
While price action remains volatile, off-chain volume data provides valuable insights. As Binance reclaims its leadership in Bitcoin spot trading, traders may want to pay attention. According to CryptoQuant, this renewed dominance could foreshadow the next leg up for Bitcoin — especially if the spot volume delta flips decisively positive.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/binance-spot-volume-surges-signals-potential-bitcoin-price-upside/