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Bitcoinist 2025-09-30 16:00:42

Bitcoin Netflow On Binance Turns Negative As Investors Pull Back – Is Supply Drying Up?

Bullish sentiment and activity appear to be returning to the broader crypto market once again, with Bitcoin steadily climbing upwards toward the $115,000 price mark. As the BTC reclaims key price levels following a rebound on Sunday, there has been a significant number of coins leaving centralized exchanges. Sharp Decline In Bitcoin Netflow On Binance While Bitcoin’s price is demonstrating signs of recovery, a crucial shift in action among investors on centralized exchanges has been observed in the past few days. This new investors’ trend is particularly spotted on the Binance platform, the world’s largest cryptocurrency exchange. In a quick-take post on the CryptoQuant platform, market expert and author recognized as Burak Kesmeci reported that the Binance exchange is experiencing a noticeable change in Bitcoin movements as net deposits on Binance have drastically decreased. The sudden drop in netflows points to the heightened transfers of BTC by traders and long-term holders off crypto exchanges into more private storage or accumulation wallets. Historically, these trends indicate decreasing selling pressure and a growing conviction in BTC’s long-term value and potential. This development is raising the question of whether the next rally for BTC is about to kick off, especially as the crypto king gains upward traction. After examining the Bitcoin Exchange Netflow on Binance ratio, the expert revealed that the key metric has turned negative, falling below -100 BTC. Presently, the current value is positioned at -311 BTC, suggesting the reevaluation of centralized investors’ holdings. It is worth noting that more Bitcoin is leaving Binance than is coming in when the reading is negative. While it suggests a limited likelihood of selling pressure , it also implies a stronger holding (HODL) activity among these investors. In the past, Burak Kesmeci highlighted that this indication has mostly emerged just prior to upward trends, serving as a possible buy signal for traders. Inflows By BTC Whole Coiners Hit The Floor Such movements of BTC off centralized exchanges, particularly Binance, are being observed among Bitcoin whole coiners. New research shows that the volume of transactions from these investors who own at least one complete BTC has fallen to its lowest point in this cycle. Binance’ s average yearly inflows of about 11,500 BTC from whole coiners peaked in November 2023, but the figure dropped this year to almost 7,000 BTC, marking a new cycle low. In a broader outlook, the same pattern can be seen on all crypto exchanges, as average yearly wholecoiner deposits have decreased from 45% in May 2024 to roughly 30% currently. According to the researcher, tracking this trend is especially intriguing because whole coiners represent a very particular type of investor, whose actions can provide valuable insights into the market. Given how costly BTC is now, owning a single complete Bitcoin has nearly become symbolic, which makes this group unique.

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