Tag: ESR

Following a sharp market correction in mid-October, Bitcoin’s price retreated from $116,000 to approximately $107,700, reflecting a weekly drop of over 4%.

By coinspy Key Points Traders responded to heightened volatility and forced liquidations by migrating from leveraged Futures trading to the more stable Spot market, pushing daily Spot volumes on Binance to $5–10 billion—nearly double September’s average. Binance’s Bitcoin Exchange Supply Ratio (ESR) has fallen to 0.03, matching its lowest point since mid-2022, signaling a significant […]