Bitcoin Reclaims $70,532 as Binance Spot-to-Futures Ratio Climbs to 5.1, Highest Level Since Mid-2023, Suggesting Potential Breakout
The post Bitcoin Reclaims $70,532 as Binance Spot-to-Futures Ratio Climbs to 5.1, Highest Level Since Mid-2023, Suggesting Potential Breakout appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) price fell from a high of $90,000 noted in late January to a recent low at $60,074 recorded on February 6, last month. Over the past four weeks, Bitcoin has been consolidating within a $62,000–$68,000 range. Despite this huge decline, the Binance Futures-to-Spot ratio is painting an interesting outlook for the flagship cryptocurrency, according to the latest data reported by market analyst CryptoQuant and shared today by Wu Blockchain. The Binance Spot-to-Futures Ratio is a crucial trading tool that offers insights into the balance between actual asset purchases and derivative speculative activities. A higher ratio implies that trading is more largely focused in futures markets, where investors speculate on price moves without owning the underlying asset, in the case above, Bitcoin. According to a report by CryptoQuant analyst maartunn, the Futures/Spot Ratio on Binance has surged to around 5.1, reaching a 1.5-year high since mid-2023. The analysis notes that the increase in this ratio is not driven by a contraction in spot trading, but rather by structural… pic.twitter.com/CjkV2k0Ref — Wu Blockchain (@WuBlockchain) March 12, 2026 Futures-to-Spot Ratio Indicates Bullish Behaviour According to data reported today by Maartunn, a CryptoQuant analyst, the Futures-to-Spot ratio on the Binance exchange has recently surged to 5.1, the highest level reached since mid-2023. The rise is not just an occasion; typically, a surging futures/spot ratio from low levels indicates returning speculative interest (appetite). In the case above, this shows that Bitcoin traders are not just hedging, but also positioning themselves for higher price gains. The data points out that Bitcoin is displaying a more robust relative rebound, suggesting that money is rotating back to the market before price confirms it. The ratio formation signals a silent accumulation within derivative markets, as the increase in the ratio is driven by a structural growth in…
Filed under: News - @ March 13, 2026 1:26 am