Binance Traders Flip Bearish as Net Taker Volume Plunges $155M in 8 Hours
The crypto market experienced a dramatic sentiment reversal overnight as Binance traders flipped sharply bearish, marking the largest net taker volume swing of 2025. According to data shared by analyst Darkfost, net taker volume on Binance plunged from +$20 million to -$135 million in less than 8 hours—a staggering $155 million turnaround.
The move followed growing tensions between Donald Trump and Elon Musk, which surfaced publicly on platform X. Traders interpreted the rift as a risk-off catalyst, triggering an abrupt surge in short positions across the derivatives market.
“This is the largest shift we’ve seen this year on Binance,” Darkfost noted, highlighting how directional bias flipped in record time.
Sentiment and Liquidity Shaken
The net taker volume metric, which measures the imbalance between longs and shorts, suggests traders rapidly repositioned as uncertainty spiked. This level of volatility unleashed heavy selling pressure, likely driven by defensive strategies and growing caution.
Short Squeeze Potential?
Despite the bearish turn, Darkfost added that a BTC rebound could squeeze overextended short positions. “If BTC starts climbing again, the tables could turn fast,” he warned—setting the stage for a potential momentum reversal if bullish bids return.
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
