Spot trading volume on Binance has increased, indicating high activity among investors buying or selling the asset. When Bitcoin hits an all-time high, it can signal that investors are taking profits, especially when the price starts to fall.
Bitcoin inflows to Binance have also increased, contributing to a spike in spot trading volume. This increase often indicates that Bitcoin holders are preparing to sell.
The trading volume of stablecoin pairs on Binance has also increased, but stablecoin reserves have actually decreased. This indicates profit-taking by investors and withdrawals from exchanges, which can reduce buying pressure and weaken market momentum. However, optimism towards Bitcoin remains amidst the uncertainty.