Crypto News: Binance Traders Bail on BTC as Coinbase Users HODL at $60K
The post Crypto News: Binance Traders Bail on BTC as Coinbase Users HODL at $60K appeared on BitcoinEthereumNews.com.
Key Insights: Traders on Coinbase exchange held steadily to their diamond bags as Binance recorded a swarm of exits in the latest crypto news. Now the Bitcoin price is hovering near $70,000 again with the rebound still looking fragile. On-chain showed short-term holders sending an average of about 8,700 BTC per day to Binance during the most volatile stretch. Crypto news indicates that as the Bitcoin price slid hard, two exchanges told two very different stories. Coinbase traders largely stayed put, while Binance saw a rush for the exits. The drop to $60,000 did not just wipe out value in the market or trigger liquidations. It also acted like a real-time stress test, showing how split trader behavior has become depending on where people trade. On the U.S. side, Coinbase stood out. CEO Brian Armstrong said retail users kept their nerve through the sell-off, choosing to hold rather than panic. Binance Sees High-Volume Selling as Coinbase Traders Refuse to Flinch in Latest Crypto News Binance told a different story in the latest crypto news. As the biggest offshore exchange, it saw heavy, fast selling, and on-chain data pointed to traders quickly cutting risk. That split matters because it changes how to read the market from here. It suggests the next few weeks will depend on where real demand shows up, and where the next wave of selling comes from. The Bitcoin market felt more like a tug-of-war. One group stayed calm and kept holding, while another rushed to sell. And because they were doing it on different exchanges, the market ended up pulling in two directions at once. Instead, the real story is about who actually moved the price during the shakeout. It comes down to which group of retail traders showed up, and which exchange they used, at the…
Filed under: News - @ February 19, 2026 1:21 am