The volume of spot trading on Binance is increasing, indicating that investor activity in buying and selling assets is vibrant.
Bitcoin has reached an all-time high, and it is possible that investors are taking profits as the price begins to decline.
The inflow of Bitcoin to Binance has increased, contributing to the spot trading volume. When the inflow of Bitcoin to the exchange rises, it usually indicates that holders are preparing to sell.
Stablecoin trading on Binance has also surged, but stablecoin reserves have decreased.
The high trading volume, driven by stablecoin and Bitcoin inflows, could be a sign that investors are taking profits.
When investors withdraw profits and cash out from the exchange, the decrease in stablecoin reserves indicates reduced buying pressure, which may slow down market momentum.