Binance BTC Cumulative Net Taker Volume has climbed to $1.02 billion, its highest level since March 17, signaling a sharp return of aggressive buying in Bitcoin.

The surge came as global markets shifted into risk-on mode after a two-week U.S.-Iran ceasefire eased immediate geopolitical fears tied to the Strait of Hormuz.

Oil also reversed sharply, with Reuters and AP reporting a steep post-ceasefire drop, while intraday pricing on TradingView showed a fall from around $118 to $96.

That backdrop appears to have supported Bitcoin directly.

The latest reading suggests Binance traders were buying aggressively into improving macro sentiment, not just reacting to a crypto-specific headline.

As war-risk pricing eased and energy stress fell, BTC saw one of its strongest Binance buy-side bursts since mid-March.

Written by Amr Taha