Bitcoin buyers are returning to major exchanges, according to CryptoQuant., 2026/03/17 15:05:37

40

Bitcoin buyers return to major exchanges — CryptoQuant0

Bitcoin purchasers are making a comeback on the leading exchanges Binance and Coinbase after two months of seller dominance, according to an analyst from the CryptoQuant platform known as Darkfost.

The first cryptocurrency demonstrates remarkable resilience—despite ongoing military actions by the U.S. and Israel against Iran, as well as expectations of a stricter stance from the U.S. Federal Reserve (Fed), the expert noted.

The primary indicator of a shift in sentiment is the change in trading volume favoring buyers on cryptocurrency platforms. On average in February, the seller surplus on Binance reached $145 million, while on Coinbase it was $88 million. During that period, both retail investors and large market players were primarily offloading Bitcoin.

Bitcoin buyers are returning to major exchanges, according to CryptoQuant.1

By mid-March, the situation shifted: purchases on Binance and Coinbase began to surpass sales. Over the month, the buyer surplus amounted to approximately $21 million and $14 million, respectively.

“The movement is still moderate, but it signifies a clear improvement compared to the conditions in February,” Darkfrost wrote.

According to him, it is premature to declare a full trend reversal: the market still lacks liquidity. If this trend continues, it could support the price and assist Bitcoin in breaking out of its prolonged sideways movement.

Previously, analysts from the on-chain platform Santiment reported that large Bitcoin holders, referred to as whales, have started to increase their cryptocurrency reserves again. This coincided with the stabilization of the first cryptocurrency’s price near the $71,000 mark.