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Uptober Kicks Off With $1.8B Futures Buy Volume on Binance — $130K BTC Breakout Ahead?
Yahoo Finance· 2025-10-03 13:39
Bitcoin (BTC) is eyeing a breakout toward $130K as the start of “Uptober” has seen buyers on Binance outpace sellers by about $1.8 billion in futures volume. According to analysis shared on X by CryptoQuant contributor Pelinay P.A., taker buy volume on Binance has dominated sell volume throughout the month. “It’s a clear sign that traders are betting long, and they’re doing it hard.” The move comes as Bitcoin trades between $110,000 and $120,000, driven more by spot demand and long-term holders than by e ...