Binance Users Hold Tight as OKX Traders Take Profits

A new report highlights a noticeable difference in trading behavior between Binance and OKX users. As Bitcoin hovered near $120,000 this week, OKX users were quick to take profits , with their realized deposit price jumping to $97,180. This suggests traders are actively selling into the rally. In contrast, Binance users appear to be holding firm . Their Bitcoin deposit price stayed steady around $45,070, indicating that many are sticking close to their original entry points instead of cashing out. This is a big shift from earlier rallies, where Binance whales were quicker to sell. The same pattern shows up with Ethereum. While ETH trades near $3,570, OKX’s realized deposit price hit $3,100 , suggesting fast-moving profit-taking. On Binance, the price climbed more slowly to $2,920, hinting at a longer-term outlook from users. Analysts say this holding behavior from Binance users could mean two things: growing confidence in further upside—or simply no urgency to exit the market. Swissblock’s latest report supports this view, describing Bitcoin’s current structure as bullish, even though momentum has temporarily slowed. BTC is holding above key levels like $117.4K and $118K despite pressure. As for altcoins, they’re in a cooling phase after recent rallies. Most are still in a cautious zone, with no strong buy signals just yet , according to Swissblock. The firm advises waiting for clearer signs of recovery before jumping back in.

Source: Coinpaprika