Bitcoin traders on Binance are exhibiting massive buying pressure, far outstripping activity on decentralized exchange Hyperliquid, while the platform’s BTC reserves have surged to their highest since February.
According to one-week cumulative volume delta (CVD) data through August 10, Binance recorded approximately $1.09 billion in aggressive market buying, compared to just $22.46 million on Hyperliquid — a staggering gap of around 4,753%. CVD measures the net difference between market buy and sell orders over a given period. Binance’s CVD has climbed almost uninterrupted since August 4, crossing the $1 billion mark and broadening its lead, while Hyperliquid’s metric initially rose but later retreated to near neutral territory, indicating that aggressive Bitcoin demand is overwhelmingly concentrated on Binance.
In parallel, CryptoQuant data shows that Binance’s Bitcoin reserves have reached a six-month high. This accumulation contrasts with recent periods of declining exchange supply and could signal rising investor confidence. The increase suggests that despite mixed signals across the broader crypto market, traders are positioning for potential upward moves.
Bitcoin’s price has remained stuck near $65,000 despite these bullish order-flow indicators. The divergence between surging CVD and stationary price hints that passive sellers are absorbing the aggressive buying at current resistance levels. For the imbalance to translate into a sustained rally, Bitcoin must break through that resistance with continued CVD growth. Meanwhile, Binance’s native token BNB is trading around $605, with an RSI nearing 65 and a long-term moving average resistance at roughly $646 that could influence broader exchange sentiment.
The concentrated buying power and rising reserves underscore Binance’s dominant role in Bitcoin liquidity. Traders will watch whether this pressure eventually overcomes selling walls or if sellers continue to cap upside momentum.
