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Bitcoin Price Surge and Binance Inflows: What’s Behind the Drop?

  • Bitcoin price reaches $111,098, up 2.42% in 24 hours with $59.65 billion trading volume, a 41.3% surge.
  • Binance inflows to Bitcoin are at market cycle lows despite bullish price movement, signaling long-term confidence.
  • Investors are holding onto Bitcoin, indicating belief in future growth over short-term gains.
  • Decrease in Bitcoin inflows to Binance suggests investor confidence and long-term holding strategies amid rising prices.

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