Binance News: Large Traders Influence Bitcoin Price Dynamics Below $90K

Cryptocurrency markets experienced significant movements recently, with Bitcoin (BTC) being at the center of attention. Here’s a summary of the latest developments and their implications for investors.

Whales Trap Price of Bitcoin Below $90K as Retail Piles in via ETFs

The price of Bitcoin (BTC) traded around $84,000 on March 20, as large-volume traders actively limited BTC’s upside below $90,000. New data suggests that traditional onchain metrics may no longer reflect actual retail activity. BTC/USD reached local highs of $87,500 this week but encountered a firm rejection. Trading resource Material Indicators flagged aggressive order book movements on Binance as the cause for BTC’s capped momentum, specifically pointing to ’Spoofy the Whale’ as responsible for the price suppression at $87.5K.

Binance Listing for PI Coming Soon? FX Guys Presale’s Run Is Stealing All the Attention!

Speculation is swirling in the crypto community that PI will eventually be listed on Binance. Such a move would shake up the altcoin scene. However, while discussions around PI’s potential listing on Binance are popular, The FX Guys are seizing the limelight with its prop trading funding model and a $FXG token presale now running at over $4.5 million. The FX Guys are expected to be the Top PropFi Project and the best DeFi token in 2025.