Binance, the largest cryptocurrency platform in the world, is reaching a historic milestone: over 60,000 Bitcoin in unrealized profits, equivalent to about 7.2 billion dollars at current prices. It is the highest level ever observed, according to on-chain data from CryptoQuant.
A clear signal: the BTC treasury held by the exchange is solidly in the green, confirming the resilience of the accumulation strategy even during phases of high volatility.
This news comes at a crucial time for the market, with Bitcoin having just broken an important technical pattern, aiming for new highs towards 125,500 dollars. All indicators suggest that investor sentiment is changing rapidly.
Unrealized profits of Binance: a cushion that fuels confidence in Bitcoin
The unrealized profit represents the difference between the purchase price and the market value of the assets still in the portfolio. For Binance, 60,000 BTC in gain means that, even after months of corrections and consolidation, the
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