Svmuu News: CryptoQuant data shows that although daily deposits to Bitcoin occasionally spike, the 30-day net flow for Binance tends to be balanced, with withdrawals largely offsetting deposits. Large deposits have not translated into sustained net capital inflows; the incoming BTC is either absorbed by market buyers or withdrawn to long-term custody.
Analysts note that neutral or negative net flows typically reflect holding behavior rather than a willingness to sell. Current data suggests that investors may be using Binance primarily to access liquidity, rather than preparing for large-scale sales. Although short-term spikes in deposits may still cause price volatility, the overall data does not point to sustained selling pressure.
Large-scale deposits have not translated into sustained selling pressure; Binance 30-day Bitcoin net flow is trending toward equilibrium
Source:Odaily · Source Link
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