Net Taker Volume on Binance Hits Yearly High Amid Bitcoin Price Consolidation


By PR1ME at Sat, 22 Mar 2025 12:00:05 +0800 | Bitcoin News |

Net Taker Volume on Binance Hits Yearly High Amid Bitcoin Price Consolidation

Bitcoin continues to trade just below the $84,000 mark, reflecting a broader slowdown in upward momentum. Despite attempts to reclaim higher levels, the cryptocurrency has remained under the $90,000 mark for over two weeks.

This current range-bound activity comes nearly two months after Bitcoin touched its all-time high in January, indicating a period of uncertainty as traders assess macroeconomic conditions and upcoming Federal Reserve policy decisions.

In the midst of the stagnation from BTC’s price, on-chain data is offering contrasting signals on where the market might be headed next. Analysts have pointed to fluctuations in buying and selling pressure on major exchanges, particularly Binance, as key indicators of short-term market sentiment.

Surge in Binance Net Taker Volume

CryptoQuant analyst Darkfost recently highlighted a notable spike in net taker volume on Binance, the world’s largest centralized crypto exchange. According to Darkfost, net taker volume surged by $467 million in a single hour—marking the highest level recorded in 2025 so far.

This metric, which measures the difference between aggressive market buys and sells, is often used to gauge the immediate sentiment of active traders. A positive value indicates stronger buying activity and has historically signaled short-term bullishness.

Bitcoin net taker volume.

Darkfost emphasized that this uptick in taker volume occurred just prior to the recent FOMC meeting, suggesting that some traders may be positioning for favorable policy outcomes.

While the data only reflects an hourly time frame and may not imply long-term directional change, the movement could signal a broader shift in sentiment among active participants, especially given Binance’s influential position in global crypto markets.

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