Arab Chain
Binance data indicates short-term selling pressure versus quiet institutional accumulation of Bitcoin
On Binance, the Exchange Inflow indicator shows a sharp rise in recent days, with deposits increasing from 5.5K BTC to nearly 15K BTC on November 14th. This significant influx into the exchange reflects a strong selling wave by short-term holders and traders with long positions, coinciding with the price drop toward the $94,000 level. The Binance BTC RHODL Inflow indicator confirms this behavior, showing a clear increase in short-term coins entering the exchange and an almost complete collapse in the share of older coins, indicating that the selling pressure is primarily driven by panicked short-term holders rather than long-term investors. Conversely, OTC desk balances have surged to around 156,000 BTC during the The decrease, with a monthly increase of nearly 7,300 BTC—the highest level since August. While this rise does not reflect a strong institutional buying spree, it suggests that institutions are not selling and are instead using the price dip to gradually and quietly absorb liquidity outside public exchanges, without significantly accelerating the pace of purchases. Meanwhile, the Accumulator Addresses Demand indicator reveals a different and more robust trend: demand has surged to a record high, exceeding 352,000 BTC, while the 30-day moving average continues its upward trajectory. This confirms that long-term portfolios and accumulator investors are steadily buying despite the decline, indicating a shift of Bitcoin from weak to strong hands and the establishment of an accumulation base that could pave the way for market stability in the medium term. Thus, it can be said that the market is currently experiencing a clear redistribution phase, as Bitcoin leaves speculative portfolios and enters the portfolios of large investors a historical behavior that usually paves the way for a stabilization phase and may rebuild upward momentum in the medium term if institutional demand continues.