<ul data-eligibleForWebStory="true"><li>Current monthly Bitcoin inflows to Binance drop to 5,700 BTC, less than half the long-term average of 12,000 BTC since 2020.</li><li>Inflows at Binance are significantly lower compared to past events like Bitcoin crossing $100,000 and the FTX collapse in late 2022.</li><li>Inflows to exchanges like Binance provide a clearer insight into investor sentiment than outflows.</li><li>Historically, inflow spikes on Binance have indicated market tops and periods of fear, followed by corrections.</li><li>Binance's inflow activity often reflects broader shifts in sentiment, being a leading crypto trading venue.</li><li>The decrease in Bitcoin inflows suggests investors are shifting towards long-term holding, amidst low selling pressure and subdued volatility.</li><li>Investors seem to be in a holding phase rather than preparing to sell, aligning with a macro environment of uncertainty.</li><li>The trend towards long-term holding may provide a stable foundation for Bitcoin's potential upward movement in the short term.</li></ul>

Bitcoin Inflows to Binance Drop Below Bear Market Levels, Signaling Holding Phase

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