[Renowned Trader: Bitcoin 'Protective' Buy Wall Reappears in Binance Market] BlockBeats News, July 24 — Renowned trader Killa (@KillaXBT) shared a screenshot stating, 'Textbook setup.' Binance's plunge protection team is back. Typically, when large bid orders start clustering just below the price, market makers and algorithms tend to temporarily front-run them. The screenshot shows multiple horizontal lines appearing below Bitcoin's current price, starting from approximately $62,000, with the densest and most prominent buy layers concentrated around $58,000 and lower. After Bitcoin plunged below $60,000 on June 6, large buy orders appeared below the BTC market price on Binance, which Killa referred to as the return of the 'plunge protection team.' [Original Link]