News
10 May 2026, 10:53
Bullish mood in BTC could reverse as exchange supply climbs

🚨 Exchange BTC supply has risen for five straight days. The surge in $BTC comes amid record social media optimism. Continue Reading: Bullish mood in BTC could reverse as exchange supply climbs The post Bullish mood in BTC could reverse as exchange supply climbs appeared first on COINTURK NEWS .
10 May 2026, 10:00
Ethereum Large-Holder Activity Drives Short-Term Consolidation, Instability — Details

The opening days in May have been accompanied by a rise in Ethereum on-chain activity. In a recent post on X, a pseudonymous analyst Darkfost dives into the intricacies of this activity and its impact on price. Binance Records Massive Ethereum Inflow According to Darkfost, the resurgence of activity on the Ethereum network corresponds with the sideways movement of the second-largest cryptocurrency, trading between $2,250 and $2,450. Further details of this recent activity surge show that Binance has seen multiple large hourly ETH inflow spikes since the beginning of May. During these first days of May, we have been observing increased on chain activity on Ethereum, particularly through rising exchange inflows. This activity comes as ETH has entered a sideways range formation between $2,250 and $2,450. ✦ Over the past few days, Binance has… pic.twitter.com/HVkIjaLA71 — Darkfost (@Darkfost_Coc) May 9, 2026 The three largest of these Ethereum transfers to Binance were reported as follows: on May 6, about 216,152 ETH, worth approximately $511 million, was transferred to Binance. Although smaller in comparison, on May 8, 98,552 ETH valued at $224 million also entered Binance. A larger number of transfers was also observed on May 9, totaling approximately $288 million. Interestingly, many of these inflows into Binance occurred while Ethereum was entering corrective phases. So, rather than reflecting calculative profit-taking among Ethereum’s investors, this suggests that Ethereum users are driven more by emotion. Rising Ether Reserves Could Signal Continued Consolidation In addition to its rising inflows, Ethereum’s reserves on Binance have also increased. Darkfost points out that about 3.62 million ETH are now held in reserves at the world’s largest exchange by trading volume; this figure accounts for approximately 24.6% of total Ethereum reserves across exchanges. Typically, growing reserves are viewed as a bearish or neutral signal because they imply more coins are available for potential selling. In contrast, declining reserves typically suggest that investors are withdrawing assets into private wallets for longer-term holding. Hence, the increase in Binance-held ETH may explain why Ethereum has remained trapped in a consolidation pattern despite periodic attempts at bullish momentum. Darkfost explains that this could be a sign of short-term instability among Ethereum’s large holders, which has played a major role in limiting its attempts to establish higher price grounds over the past weeks. Looking at the broader picture, Ethereum shows no real intent to break out of this consolidation. If reserve growth begins to dwindle and price strength improves, bullish sentiment around Ethereum could be restored. As of this writing, Ethereum is worth approximately $2,329, recording a measly 0.6% growth since the past 24 hours.
10 May 2026, 09:30
3.62M ETH hits Binance – Here’s why Ethereum’s Q2 rally looks weak

Ethereum inflows into Binance are spiking, raising questions about whether ETH can sustain or reclaim relative strength against BTC in the current cycle.
10 May 2026, 04:30
90% of Peru’s $28 Billion Crypto Market Is Now Driven by Stablecoins

According to Binance’s Latam North General Manager, Daniel Acosta, stablecoins now account for up to 90% of the $28 billion in annual volumes transacted in the Peruvian crypto market. Acosta stressed that the driving use cases for stablecoins in Peru were cross-border payments and remittances. Stablecoins Dominate 90% of Peru’s Crypto Market Stablecoins have become
10 May 2026, 02:00
Bitcoin Open Interest Explodes Beyond 2025 All-Time High Levels

Bitcoin is seeing an explosive rise in Open Interest, with derivatives activity now surpassing peak session levels recorded during the 2025 all-time high. This explosive growth reflects rising trader participation and increased leverage that is often seen during periods of heightened anticipation for major price moves. As positions rise across futures and perpetual markets, the spike in open interest points to a market gearing up for volatility. Can Bitcoin Sustain Momentum With Leverage Rising This Fast? Bitcoin is experiencing its strongest Open Interest expansion of 2026, with derivatives actively now surpassing even 2025’s all-time highs. A verified CryptoQuant author, known as Darkfost on X, has noted that the BTC market remains heavily driven by futures. Data shows that BTC’s recent bullish momentum has been driven largely by a steady return of investors to the derivatives markets. Related Reading: Bitcoin Supply Shock: 100,000 BTC Vanish From Exchanges In Under 90 Days Despite funding rates remaining broadly negative for weeks, open interest has recorded its strongest increase since the beginning of 2026. What makes the move particularly notable is that the current increase in open interest is already larger than the expansion seen during BTC’s previous ATH formation. Major platforms like Binance continue to dominate the majority of capital in the segment, reportedly accounting for approximately 34% of total market share, with a monthly average surging to around $2.5 billion on May 5. Meanwhile, a similar trend is also visible across other exchanges, such as Gate.io, which has a record of $1.75 billion, and Bybit, with a record of $1.15 billion. According to Darkfost, comparing the more defensive market conditions seen earlier in the year, the latest data shows optimism is gradually returning to the market, encouraging traders to increase their risk exposure. The growing dependence on leverage also introduces fragility into the market structure. Thus, leveraged positions are rarely built to last longer, and their liquidation could significantly amplify volatility and the risks associated with the market. Why Holding Above Current Levels Is Critical For Bitcoin Bulls The Bitcoin price is currently in a critical retest phase after successfully breaking above the previous highs earlier this week. A crypto trader known as Max Trades on X noted that this level is acting as a key support zone, and holding above it is essential for buyers to sustain momentum and push the broader uptrend price higher. Related Reading: Bitcoin Bulls Need One More Signal To Confirm Market Bottom – Details As long as BTC maintains support above the reclaimed range, the likelihood of a liquidity sweep toward the $82,800 highs will continue to increase. However, a breakdown back below the retest zone would weaken the bullish structure and likely shift market focus toward the next major liquidity area between the $75,000 and $76,000 zone. This region remains one of the most significant liquidity downside targets if support fails. Featured image from Pixabay, chart from Tradingview.com
10 May 2026, 01:00
XRP Whale-Retail Spread On Binance Falls To 2024 Levels — What’s Happening?

The XRP price remains range-bound as it has been over the past couple of weeks. As of the time of writing, the XRP price has appreciated by 1.86% over the past day, yet it has been unable to break above the $1.60 resistance. However, despite this apparent inertia, a notable shift is occurring on Binance, the world’s leading crypto exchange by trading volume. Related Reading: XRP’s Biggest Holders Just Stopped Sending Tokens to Exchanges: Last Time Was November 2021 Binance Whale Vs Retail Spread Falls To 88% In a QuickTake post on CryptoQuant, analyst Amr Taha shares an update for the XRP market on the Binance exchange. The relevant indicator in this scenario is the XRP Binance Whale vs Retail Spread metric. For context, the metric measures the difference between large, whale-sized outflows and smaller, retail-sized ones on Binance. By extension of this primary function, the metric is used to tell if the market’s activity is more driven by its whales or by its retail traders. In the Quicktake post, Taha reveals that the Whale vs Retail Spread metric has fallen to approximately 88.8%, marking one of the weakest readings the indicator has shown since 2024. The crypto expert notes that, while the current reading is still quite positive, it still cannot be ignored that it has dropped significantly from its past highs of around 94%. Interestingly, periods where the spread was above 94% often reflect stronger retail activity. When retailers (one of the most reactive investor groups) are increasingly making transactions, it paints a parallel picture of growing speculative activity. Historical trends show this adds to XRP’s bullish price behavior. Related Reading: 14,600 Bitcoin Sold in Profit in One Day: Here Is How BTC’s Own Structure Broke It Below $80K What Declining Whale-Retail Spread Means For XRP Price Taha further states that, from a market-cycle perspective, the gap between current readings and the earlier 94%+ zone is widening. This suggests that the outflow patterns on Binance are increasingly deviating from those typically observed in retail-driven markets, especially near cycle tops. Nonetheless, this is not necessarily a bearish signal for XRP, as it only implies that the market would lose some retail speculation and the strength it often brings. Hence, if macro conditions remain stable, the XRP price might only see some mid-term weakness, not enough to trigger a bearish cycle. As of press time, the XRP price stands at $1.41, up 2.28% over the past 24 hours. Featured image from Dreamstime, chart from Tradingview




































