According to CryptoQuant data, the True USD (TUSD) Inflow for all exchanges was 86 million on February 16 and Binance accounted for over 90% of the TUSD inflow. The exchange inflow and outflow for all exchanges indicate an increase in trading activity in TUSD.

According to data by Coinglass, Bitcoin longs on crypto exchange Binance has increased significantly in the last few days. It indicates investors are buying Bitcoin for the long term. The longs increased to 52% against shorts of 48% on Friday.

Moreover, CryptoQuant data indicates an increase in Bitcoin outflow from Binance in the last few days, which caused a massive price rally. However, exchange inflow has also increased which indicates a rise in volatility due to selling pressure amid the rise in Bitcoin price.