theophiluspep2026-09-18

Binance Absorbed Large BTC Inflow at Session Low as Price Recovers Toward $78K

Bitcoin has recovered towards the $78,000 area on Sept. 18 after testing lows near $75,600 earlier in the week. CryptoQuant data shows that Binance recorded a substantial net inflow of approximately +4,618 BTC on September 15, one of the largest single session inflows in the recent window. The inflow coincided with the session low, when BTC traded near $75,640. In the following sessions, price stabilised and began recovering while broader exchange netflow remained more moderate. The timing is notable. Large inflows into Binance at local price lows can reflect a mix of hedging, repositioning or potential sell side preparation. However, the subsequent bounce without an immediate continuation of heavy inflows suggests that the coins deposited on September 15 were not all immediately sold into the market. Binance continues to hold a significant share of exchange traded Bitcoin supply. When elevated reserves combine with episodic large inflows around support levels, the platform’s order books become an important gauge of short term absorption capacity. The key question now is whether the recovery can continue without a fresh wave of net inflows, or whether additional deposits reappear as price approaches previous resistance zones. Monitoring Binance specific netflow and reserve changes over the next few sessions will help determine whether the September 15 inflow represented a one off liquidity event or the start of renewed supply pressure into the bounce.