Binance leads in volume but loses liquidation race – Understanding how…
- Binance dominated spot quantity, however Gate.io and OKX led in BTC liquidations because of liquidity.
- Excessive liquidity drives quicker unwinding, making smaller exchanges the stunning leaders in liquidation exercise.
In a 12 months marked by shifting tides and institutional resurgence, Binance is making strikes. This time, its spot buying and selling quantity is poised to eclipse that of all different crypto exchanges mixed!
Whereas that may counsel whole dominance, 2025 has delivered a twist: Binance is not main the charts in dealer liquidations.
In keeping with Joao Wedson, CEO of Alphractal, the reply lies in one thing many overlook, however few can afford to disregard — liquidity.
Binance’s Spot Quantity surge reveals institutional energy
After months of subdued competitors, Binance’s spot buying and selling quantity is as soon as once more outpacing all different exchanges… and never by a small margin.
In keeping with Wedson, the chart below reveals how Binance is nearing a historic crossover: its BTC spot quantity delta is on the verge of flipping optimistic in opposition to the mixed whole of its rivals.
Supply: CryptoQuant
This mirrors an identical sample seen in early 2024 after the launch of the Bitcoin ETF, when institutional urge for food triggered a large influx into Binance.
Again then, this quantity surge preceded a significant rally in Bitcoin’s worth; a situation that appears to be repeating in 2025.
