[Analysis: Coinbase vs. Binance BTC Price Spread Widens to Highest Level This Year; Binance Withdrawal Resumption May Narrow the Spread] Odaily Planet Daily reports that Galaxy Research Director Alex Thorn stated that the adjusted discount of Bitcoin to USDT on Coinbase has widened to its largest level this year. However, Binance's previous suspension of withdrawals limited cross-platform arbitrage activities, making this price spread difficult to accurately reflect the true demand signals in the US market. With Binance having resumed withdrawals, it remains to be seen whether the price spread between the two exchanges will gradually narrow.