Only 7 days of BTC inflows on Binance for this month !

Only-7-days-of-BTC-inflows-on-Binance-for-this-month

This month, we’ve only seen 7 days of BTC inflows on Binance with is pretty unusual for an exchange of that size.
It basically means investors haven’t been sending much Bitcoin to the platform, which usually happens when people are looking to take profits or sell.

In other words, for about 23 out of the last 30 days, BTC has been flowing out of Binance. 
That’s a strong sign of accumulation as investors are moving their coins to cold wallets, choosing to hold rather than sell.

What’s even more interesting is that the last two days alone saw over 3 000 BTC withdrawn each day, right as Bitcoin hit a new all-time high.
That says a lot, even with prices at record levels, people aren’t rushing to sell, they’re pulling coins off exchanges, showing real confidence in the longer-term trend.
Overall, this reinforces a bigger picture we’ve been seeing for months with fewer BTC on exchanges, more being held by long-term believers.
It’s the kind of setup that often fuels the next leg higher, less supply on the market, more pressure on price.