Recent BTC drop driven by spot selling on Binance and OKX

Recent BTC drop driven by spot selling on Binance and OKX Recent BTC weakness has been concentrated in spot trading on Binance and OKX, where net selling has continued to expand, crypto analyst CW8900 said on X. By contrast, Coinbase has remained in net buying territory, while buying pressure in the futures market has been rising quickly, CW8900 added. The analyst said large-scale traders in the futures market have been buying during the downturn.