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Binance Whales Taking Charge For Latest Bitcoin Price Explosion, Data Shows

  • The Bitcoin Coinbase Premium Gap has plunged into negative territory.
  • Binance whales may be fueling the latest rally by buying BTC at a higher rate on the platform.
  • American institutional investors on Coinbase have historically led the market, but Binance whales have shown large accumulation spikes recently.
  • Bitcoin is currently trading around $93,600, up over 11% in the last seven days.

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