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- Binance’s Bitcoin buy volume has consistently broken records in the last few weeks
- This suggests that people are buying up Bitcoin in droves
- However, the reason is much less exciting than that – fee-free trading
You’d be forgiven for thinking that Bitcoin is about to go parabolic if you look at the trading volume on Binance, and indeed it’s almost enough to get the uninitiated to FOMO in. The green ‘buy’ candles that have appeared in the past week or so dwarf those seen at any point in Binance’s history, and with it already being the biggest exchange by volume, this would appear to be an indicator that the good times are about to roll. However, there’s a simple explanation for this that has nothing to do with the end of any bear markets.
Binance Doing Record Numbers
Those that use Binance’s chart for the Bitcoin refer
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