Binance Sees Surge in Aggressive Buying as Bitcoin Tops $94,400
Bitcoin’s price surge past $94,400 this week has been fueled by aggressive taker activity on Binance, according to CryptoQuant data. The taker buy-sell ratio spiked 19% monthly, signaling strong bullish momentum among traders.
Aggressive Taker Activity on Binance Fuels Bitcoin Price Surge
Bitcoin breached $94,400 this week, marking a fresh monthly high as investor appetite for risk assets strengthened amid easing trade tensions and shifting U.S. monetary policy. A notable shift in market dynamics emerged on Binance, where aggressive buying pressure is now dominating. CryptoQuant data reveals a 19% monthly spike in the taker buy-sell ratio, with 7-day gains of 6.2%—clear evidence that traders are proactively filling sell orders rather than waiting for optimal entries. This behavior typically signals conviction among market participants willing to absorb slippage for immediate position building. The activity underscores Binance’s continued dominance as the liquidity hub for crypto’s institutional and retail flows.
Binance Delists Four Tokens Amid Market Turbulence
Binance will remove ALPACA, PDA, WING, and VIB from its platform effective May 2, triggering divergent price movements. PDA, WING, and VIB plunged following the announcement, while ALPACA defied expectations with a 71% surge.
The exchange cited failure to meet listing criteria—including trading volume, liquidity, and regulatory compliance—as the reason for delisting. Withdrawals will remain available until July 4, but futures positions will close by April 30.
Market participants appear divided on ALPACA’s unexpected rally. Some interpret the price spike as speculative positioning ahead of the delisting, while others anticipate potential migration to alternative trading venues.
Initia Listing on Binance Today: Will $INIT Token Price Hit $1?
Initia’s $INIT token debuts on Binance today amid speculation about its potential to reach the $1 mark. The listing marks a significant milestone for the project, attracting attention from traders and investors alike.
Market participants are closely watching the token’s performance, with comparisons drawn to recent successful exchange listings. Liquidity and trading volume will be key indicators of early demand.
Bitcoin Buyers Take Control on Binance Amid Price Surge
Bitcoin’s upward momentum has reasserted itself, with the cryptocurrency breaking past the $90,000 psychological barrier and reclaiming recent highs. The price briefly touched $94,320 before settling at $93,473, reflecting a 3.1% gain over the past 24 hours.
Market dynamics on Binance are playing a pivotal role in shaping BTC’s short-term trajectory. Analysts observe aggressive buying behavior on the exchange, with participants opting for immediate execution over passive order book placement—a sign of growing market conviction.