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Europe Leads Binance BTCUSDT Trading as Asian Session Volume Falls 57%

European-session volume climbed about 126% to $1.40 billion on Oct. 20. A separate Oct. 21 snapshot showed tracked exchange balances up 3,807 BTC over one day.

Updated 1 min read
A commuter checks a smartphone outside Canary Wharf station in London. / TokenPost.ai (macro)
A commuter checks a smartphone outside Canary Wharf station in London. / TokenPost.ai (macro)

Bitcoin (BTC) trading in Binance’s BTCUSDT pair was heaviest during European hours on Oct. 20 as Asian-session volume fell 57%, reversing the previous day’s regional lead.

Coinglass figures put European-session volume at $1.40 billion, about 126% above its Oct. 19 level. Asian-session volume fell to $306.16 million, while U.S.-session volume rose about 65% to $217.12 million.

On Oct. 19, Binance's BTCUSDT session comparison showed $131.91 million in U.S. trading, while European volume reached $619.25 million and Asian volume $719.26 million. The regional figures cover Binance’s BTCUSDT pair.

Separately, an Oct. 21 snapshot put tracked exchange holdings at about 2,458,187 BTC at 8 a.m. ET (12:00 UTC), up 3,807 BTC over one day. The balance figure counts bitcoin held across exchanges; by itself, it does not show that holders sold any coins.

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