Bitcoin’s Net Taker Volume on Binance dropped to -$197M, signaling intense sell-side pressure from aggressive market participants.
An analyst suggests extreme negative taker volume often signals local bottoms as fear-driven selling exhausts weak holders.
Today, the Bitcoin market mood is not much different from someone who just woke up and immediately got bad news: the most popular cryptocurrency is being squeezed again.
According to on-chain analyst Amr Taha from CryptoQuant, BTC Net Taker Volume on Binance was recorded at -$197 million. This is not a small number—it is the lowest since June 6. And not only that, this data reflects the dominance of aggressive selling, not just a regular correction.
Simply put, negative Net Taker Volume means that many traders choose to execute direct sales at market prices rather than passively placing buy orders.
Like a wet market, traders immediately shout, “Just take it now, the important thing is that it sells!” Well, since June 12, th
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