Binance Bitcoin traders reached record unrealized profits this cycle, with peak gains nearly 3 times 2021 levels, as ETF-driven inflows fueled the rally instead

Binance Bitcoin traders reached record unrealized profits this cycle, with peak gains nearly 3 times 2021 levels, as ETF-driven inflows fueled the rally instead of exchange traders serving as exit liquidity. CME hedge funds had also turned net long BTC futures.