Binance On-Chain Dominance: USDT Pairs Rule the Market

1️⃣ Spot Market Power
On Aug 16, Binance processed $7.59B in spot volume, taking 26.2% market share. This level of liquidity means tighter spreads, minimal slippage, and better execution across USDT pairs.

2️⃣ Futures Market Control
Binance futures saw $36.6B in volume, capturing 41.5% of the market — nearly 2x its nearest competitor. Such weight shows institutional trust and deep liquidity pools in derivatives.

3️⃣ Total Flow
Across spot + futures, Binance cleared $44B+ daily in USDT pairs. On-chain data confirms Binance’s liquidity depth + tech edge keep it the top venue for pro and retail traders alike.

On-Chain Read: Liquidity is power. With Binance controlling the bulk of USDT flows, its dominance directly shapes volatility, price discovery, and altcoin rotation.

#BTC has broken down the CME Gap support, and the bullish flag pattern is now invalid.

The next support is the previous resistance zone at $111K–$112K. Hopefully it will bounce back from here. ✅

https://www.tradingview.com/x/sXn50frB/

TURBO analysis:

The price is currently fluctuating between the support and resistance levels. An upward trend line is acting as a support level, making it a suitable point to open a long position. A continuation of the upward movement is anticipated after the price tests the support line.

Support Area: $0.004210-$0.004330

XRP Supply on Exchanges Hits One-Month Low!

The share of XRP held on centralized exchanges has dropped to just 5.66%, according to Glassnode — the lowest in a month and down by ~3% since August 9.

This sharp decline signals reduced selling pressure, as more investors are moving their holdings into self-custody wallets. Such a trend suggests growing confidence, stability, and possible upside potential in the coming weeks.

🚨 Market Liquidations Update

In just 1 hour, more than $126M in positions were wiped out — with $125.18M coming from longs.

Over the last 24 hours:

109,464 traders were liquidated

Total liquidations reached $438.19M

The single largest order was on Hyperliquid ETH-USD, worth $9.44M


Stay cautious — high volatility is shaking up the market.

INSIGHT: MicroStrategy now holds 628,946 BTC (~$75B), more than double the Bitcoin reserves of the US government.

A private company owning 2x more $BTC than a nation highlights just how unique this asset has become.

🚨 Did you know?

If all 21M $BTC were split evenly across Earth’s population, each person would get just 0.0025 BTC, barely a fraction of a coin.

Scarcity is what makes Bitcoin priceless.

ETH unstaking queue hits a record $3.8B, with a 15-day wait led by Lido, EthFi, and Coinbase.

#BTC Dominance uptrend channel breakdown confirmed — that’s the green light for #Altseason2025. 🚀

But most noobs think that in a bull run, coins will only go up and up forever. They think like gamblers. In reality, during a bull run, coins will go up → then correct → then go up again → then correct → and repeat.

So when coins correct, we shouldn’t panic. Instead, we should accumulate slowly, patiently. 😌

And yes, when the bull run reaches its peak, coins will pump insanely hard — sometimes in just a single day. 🔥

PENGU analysis:

Price is currently testing the support area, and you can accumulate some PENGU at this level. We might see some sideways movement before making a move towards the all-time high resistance.

Support Area: $0.0290-$0.0311

Resistance Area: $0.0355-$0.0364

According to Glassnode, Ethereum reserves on centralized exchanges have dropped to their lowest level in 9 years.

This trend signals a strong shift toward cold storage and long-term holding, with institutional accumulation likely playing a key role.

Ethereum Market Update – Glassnode

Ethereum’s rally has once again stalled at the +1σ Active Realized Price (~$4,700) — the same level last breached in March 2024.

This price zone has historically acted as a major resistance, signaling overheated market conditions and triggering strong selling pressure in previous cycles.

🚨 #BITCOIN Update

Bitcoin is losing momentum. Bulls must defend the $110K level to keep the bullish structure alive.

Breakdown below $110K opens the door for a deeper move, price could revisit sub-$100K levels.

Critical zone ahead. Next few sessions will decide if the trend holds or cracks.