Binance BTC holdings rise, signaling potential for greater volatility

An increase in Bitcoin holdings on Binance could signal a rise in price volatility, Cointelegraph reported. As of Feb. 22, Binance's wallets held a total of 676,834 BTC, worth $44.53 billion, the highest level recorded since November 2024. The outlet explained that an increase in exchange-held supply often reflects investors preparing to sell or use their assets as collateral for derivatives trading, a trend that can lead to greater market fluctuations.