Binance inflows of 1+ BTC hit lowest level since 2018

The volume of Bitcoin flowing into Binance in single transactions of one BTC or more has sharply declined, according to an analysis by CryptoQuant contributor Darkfost. The annual average inflow for these transactions is now approximately 6,500 BTC, the lowest level since 2018. Darkfost explained that this decrease in inflows from large holders has occurred despite a continued rise in BTC's price, which could be a signal of easing selling pressure.