Amr Taha
Binance Bitcoin Inflows From 1W–1M Holders Hit Four-Month High Before $70K Breakdown
Bitcoin inflows to Binance from the 1-week-to-1-month holder-age group reached 2,976 BTC on November 11, the highest daily reading for that cohort in the chart's roughly four-month window, two days before Bitcoin slipped below $70,000. The move followed 1,925 BTC on November 9, the second-highest reading for the group in the displayed period. Together, the two days saw 4,901 BTC sent to Binance from that cohort. The composition of those inflows also shifted. An exceptional November 3 spike was dominated by the 1-day-to-1-week group. By November 11, the 1-week-to-1-month group sent 2,976 BTC to Binance, versus 947 BTC from the 1-day-to-1-week group—3.14 times as much and a gap of 2,029 BTC. Notably, the November 11 inflows also included 508 BTC from the 2-to-10-year coin-age group, indicating that exchange deposits extended beyond recently moved coins to Bitcoin that had remained dormant for years. These repeated inflow spikes emerged as Bitcoin weakened and preceded its break below $70,000. The pattern suggests increased potential sell-side supply on Binance, although exchange deposits do not necessarily represent completed sales.