Binance Spot Buying Volume Rises Above Selling Volume for the First Time in Six Months

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For the first time in six months, spot buying volume on Binance is rising again relative to selling volume.

Since the $75k USD bottom, the CVD (Cumulative Volume Delta) has been trending upwards, indicating that cumulative buying pressure has been strengthening over selling pressure.

The Cumulative Volume Delta measures the accumulated difference between buy and sell volumes over time.

Additionally, Binance Spot's CVD has long been a key focus for analysts, as it has been in a consistent downtrend since 2021 and rarely sustains positive growth.

Therefore, it is important to monitor this metric daily to assess risk appetite and buying interest on Binance, the world's largest exchange.