Since the start of January, there's been a notable divergence in how traders are positioning themselves. While spot BTC accumulation has been picking up momentum on Binance, we're seeing the opposite pattern play out over at a leading compliance-focused platform—users there have been consistently offloading their holdings.

The numbers tell an interesting story. Binance has registered approximately 3.1K net taker buys so far, suggesting institutional and retail participants are leaning bullish on Bitcoin. Meanwhile, the selling pressure from the other side paints a picture of profit-taking or bearish sentiment taking hold. This kind of divergence between major platforms often precedes notable market moves and worth keeping an eye on as we navigate the current macro environment.