$7B Inflow Signals Crypto Market Upswing
Bitcoin and Ethereum outflows of $1.5B and $500M suggest accumulation as investors move assets to cold storage.
Binance saw a dramatic shift in liquidity in the month just ended, with on-chain data showing $7 billion in inflows and $1.5 billion worth of Bitcoin (BTC) leaving the exchange.
The movement paints a mixed picture, with some observers seeing it as a bullish setup for a new rally, while others are warning that the market may not yet be ready to move higher.
Stablecoin Surge and Bitcoin Outflows Signal Accumulation
Fresh on-chain data shared by quant trader CryptoOnchain revealed that Binance recorded one of its strongest liquidity months in recent memory. The…
