Analysis: BTC bullish momentum continues as Binance, LTHs and outflows signal strength

CryptoQuant’s Amr Taha analyzed that Bitcoin’s bullish momentum persists, with Binance Exchange's spot volume share rising from 26% to 35% in early June. Long-term holders’ (LTH) realized cap has surpassed $20 billion, signaling renewed confidence, while crypto exchanges Kraken and Bitfinex saw over 20,000 BTC in withdrawals. Despite potential short-term corrections, these signals point to continued upward momentum, Taha concluded.