OKX Traders Lock Profits as Binance Whales Stay Put
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OKX’s realized prices spiked this week as users took profits, while Binance users maintained positions.
Bitcoin (BTC) and Ethereum (ETH) holders on Binance are showing signs of strong holding behavior.
This, however, contrasts with the profit-taking patterns seen on OKX.
Behavioral Divergence Between Binance and OKX Users
According to new data shared by CryptoQuant, as Bitcoin traded near $120,000 this week, OKX’s realized price on user deposit addresses has jumped to $97,180. This pointed to a rush of inflows and profit-taking as the market moved higher.
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