Large deposits have not translated into sustained selling pressure; Binance's 30-day net Bitcoin flow is trending toward balance
2026-07-23 03:48
According to CryptoQuant data, although daily Bitcoin deposit volumes occasionally spike, Binance's 30-day net flow remains balanced, with withdrawals essentially offsetting deposits. Large deposits have not resulted in sustained net capital inflows, as the BTC that flows in is either absorbed by market buying demand or withdrawn for long-term custody.
Analysts point out that neutral or negative net flows typically reflect holding behavior rather than selling intent. Current data suggests that investors may be using Binance more for liquidity acquisition rather than preparing for large-scale sell-offs. Although short-term deposit spikes could still trigger price volatility, the overall data does not indicate sustained selling pressure.
Analysts point out that neutral or negative net flows typically reflect holding behavior rather than selling intent. Current data suggests that investors may be using Binance more for liquidity acquisition rather than preparing for large-scale sell-offs. Although short-term deposit spikes could still trigger price volatility, the overall data does not indicate sustained selling pressure.
