PANews June 26 news, according to Cryptoslate, CryptoQuant analyst Darkfost pointed out in a report on June 24 that Binance's monthly Bitcoin inflow has dropped to 5,700 BTC, less than half of the average monthly 12,000 since 2020, and only 25% of the inflow during the FTX crisis at the end of 2022. In this cycle, each surge in large Bitcoin deposits corresponds to a local price peak, such as the net inflow of more than 17,000 Bitcoin when Bitcoin pulled back from $69,000 in August last year, and the net inflow of more than 20,000 Bitcoin when it broke through six figures in March this year, and each surge foreshadowed a short-term correction. Today, the inflow of 5,700 BTC occurs when Bitcoin stabilizes above $105,000 and volatility is close to the low point of the year. Darkfost believes that the contraction of this inflow indicates that the market is in a "positioning phase", and both retail traders and large investors choose to keep Bitcoin outside the exchange, eliminating immediate selling pressure.
Binance's monthly Bitcoin inflow has dropped to 5,700 BTC, less than 50% of the monthly average since 2020
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Author: PA一线
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