Bitcoin Inflows to Binance Drop Below Bear Market Levels, Signaling Holding Phase

Bitcoin

Bitcoin Inflows to Binance Drop Below Bear Market Levels, Signaling Holding Phase

Despite Bitcoin trading above $105,000, new data shows that BTC inflows to Binance have fallen to a historically low level, well below bear market benchmarks.

According to on-chain analysis, current monthly inflows to Binance sit at just 5,700 BTC, less than half the long-term average of 12,000 BTC recorded since 2020.

This figure is also nearly three times lower than when Bitcoin first crossed the $100,000 mark, and far below the 24,000 BTC inflows seen during panic-driven events like the FTX collapse in late 2022.

Inflows Offer Clearer Sentiment Gauge Than Outflows

While outflows are often seen as a bullish indicator, inflows—especially on high-volume exchanges like Binance—provide more precise insight into investor intent. Historically, inflow spikes have coincided with local market tops and periods of heightened fear, typically followed by short- to mid-term corrections.

“Binance remains the dominant venue for crypto trading, and inflow activity here often mirrors broader sentiment shifts,” the report notes.

Current Market Signals a Shift Toward Long-Term Holding

The steep drop in inflows suggests a significant shift in investor behavior. With selling pressure low and volatility muted, market participants appear to be entering a holding phase rather than preparing for exit.

This behavior aligns with a broader macro environment of uncertainty, where long-term conviction is outweighing short-term speculation. If this trend continues, it could provide a stable base for Bitcoin to push higher in the near term.