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Bitcoin has seen significant net inflows on the Binance platform for almost 10 consecutive days

1 hours ago

May 25 — Crypto analyst Darkfost (@Darkfost_Coc) noted in a recent social media post that Binance’s Bitcoin (BTC) inflows have skyrocketed over the past 10 days. Data shows that since May 16, the average weekly BTC inflow to Binance stood at 378 coins; as of today, that figure has surged to 1,190 coins — more than tripling in just two weeks. Notably, on May 18 alone, daily BTC inflows topped 3,600 coins, hitting a high mark in Darkfost’s analysis. Additionally, Binance’s BTC reserves have bounced back from their April 24 low of 616,000 coins to today’s 632,000 coins, a 16,000-coin increase over the past month. Market participants widely interpret net inflows to major exchanges like Binance as a potential sell signal: users transferring BTC to trading platforms are most often doing so to offload holdings, reduce positions, or execute defensive asset reallocations. Against this backdrop, Bitcoin’s price has fallen by as much as 6.2% during the period. The current market remains in a pullback phase fueled by ongoing geopolitical tensions, with risk assets facing broader pressure.
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