The monthly Bitcoin inflows via the Binance chain have fallen to about 5,700 BTC. According to Quant Analyst. This amounts to not even 50% of the monthly average of approximately (12,000 BTC) observed since 2020. It is also only 1/4 of 24,000 BTC moved to the exchange in a panic at FTX fall in the end of 2022. This is the lowest inflow in over a four year span of data collection.
Historical Patterns Show Deposit Spikes Signal Price Peaks
Prior deposit spikes in material corresponded with local Bitcoin top in the ongoing cycle. The amount of net inflows exceeded 17 000 BTC in the correction of August to $ 69,000 and broke the record by approximately 20,000 BTC in March. This occurred when BTC broke an ATH above $100,000. The spikes were followed by short-term retraces, which further validates Binance as the major market where the holders turn their selling demands into real liquidity.
Current Low Inflows Indicate Strong Holding Behavior
The recent number stands at 5,700 BTC. This announcement is made when Bitcoins cost more than 105,000 USD and have microscopic price fluctuations. Which is the least we have witnessed in the case of Bitcoin throughout this year. This 5,700 BTC will make up approximately30% of the 13,200BTC sent by people into Binance, when Bitcoin reached the 100,000 USD milestone in December 2024. This decline indicates that individuals are stashing their coins on Darkfost, says Darkfost. Both small time traders and major investors are not selling their Bitcoin at the trading venues; they are keeping it. It implies that the pressure to sell Bitcoin will not be present now.
Binance Data Reflects Broader Market Sentiment
It is no secret that Binance has been dominating the CEX exchange. With monthly trading volume exceeding others by approximately 37%. This highlights the liquidity interest across the system. Furthermore, The analyst considered inflows over outflows in sifting out the noise where custodial transfers are concerned. Furthermore as an increase in the deposits necessitates the involvement of heavy selling. Nonetheless, Darkfost had warned again that macro uncertainty might still influence prices in case shockwaves incur new waves of deposits even beyond the 12,000 BTC average of long-term historical data.
