Ethereum News Today: Binance and OKX Users Diverge as Bitcoin Realized Prices Split 45K to 97K

Binance and OKX users have adopted contrasting strategies amid recent cryptocurrency market fluctuations, revealing a strategic divergence between long-term holders and short-term traders. As Bitcoin hovered near $120,000, OKX users aggressively took profits, pushing the platform’s realized deposit price for Bitcoin to $97,180, signaling active selling pressure [1]. Meanwhile, Binance users maintained a firm stance, with their Bitcoin realized deposit price remaining stable at $45,070, reflecting a reluctance to cash out despite elevated prices. This contrast highlights a shift in market dynamics, with Binance’s institutional-grade liquidity enabling whale accounts to hold positions without triggering volatility, while OKX’s retail-driven user base prioritizes immediate gains [2].

The pattern extends to Ethereum, where OKX’s realized deposit price surged to $3,100 as the asset traded near $3,570, compared to Binance’s slower climb to $2,920. This suggests Binance users are adopting a long-term outlook, whereas OKX traders capitalize on short-term price swings. A notable example is the 0x8C08 Ethereum wallet on OKX, which sold 8,005 ETH at $3,751, securing $9.87 million in profits [2]. Such aggressive exits contrast with Binance’s stable whale activity, where Ethereum positions remain largely untouched, underscoring differing risk tolerances across the exchanges.

Analysts attribute this behavioral split to varying user demographics and liquidity structures. Swissblock’s recent report notes that Bitcoin’s price structure remains bullish despite temporarily stalled momentum, with support levels at $117,400 and $118K holding firm [2]. The firm emphasizes that institutional positioning on Binance buffers against sharp declines, while OKX’s retail-driven activity amplifies short-term volatility. For altcoins, the report highlights a cooling phase following recent rallies, with most assets in a “de-risk” quadrant and no strong buy signals yet visible. Swissblock advises waiting for a clear shift into the “accumulation quadrant” before re-entering the market [2].

The liquidity fragmentation between Binance and OKX creates arbitrage opportunities but also risks divergent market reactions to macroeconomic events. Bitcoin’s 0.5% drop in offshore perpetual futures open interest—linked to speculative demand—has not broken key support levels, further supporting institutional confidence [2]. Meanwhile, Ethereum’s 3% pullback to $3,658 has intensified scrutiny over whether the sell-off marks a local peak, with whale transactions like the 0x8C08 sale adding uncertainty. Binance’s stable holdings, however, suggest a wait-and-see approach as traders digest macroeconomic signals and ETF-related flows.

Market participants now monitor whether OKX’s profit-taking will influence broader sentiment or remain confined to retail activity. With Bitcoin and Ethereum whales on Binance showing no urgency to exit, the next catalysts—such as macroeconomic data or regulatory developments—could tip the balance. Until then, the divergent strategies on Binance and OKX will shape short-term dynamics, illustrating the crypto market’s evolving maturity [2].

Source: [1] [Bitcoin and Ethereum Realized Prices Diverge on Binance and OKX] [https://coinpaprika.com/news/okx-users-are-selling/]

[2] [Ethereum News Today: Binance and OKX Users Diverge] [https://www.ainvest.com/news/ethereum-news-today-binance-okx-users-diverge-bitcoin-realized-price-45k-97k-ethereum-whales-secure-profits-2507/]