As Bitcoin has been going through a corrective phase for almost two months, with a pullback of roughly 36%, inflows of cryptocurrencies onto Binance remain surprisingly low. Normally, during previous mid-cycle corrections, investors sent large amounts of coins to the exchange, indicating a willingness to sell.
Today’s data, however, seems to show a noticeably different behavior.
This chart highlights that shift through inflows. Instead of looking at a single asset, it aggregates the total inflows of all cryptocurrencies sent to Binance. The logic behind this metric is simple : when inflows rise, selling pressure is increasing, suggesting that investors are preparing to exit the market, when inflows shrink, it indicates a preference to hold coins and wait rather than sell.
What makes the current situation interesting is the comparison with previous corrections.
For example, in April 2024, right after a new all time high at $73 800, inflows surged and exceeded 200 million coins sent to Binance. The same pattern appeared in December 2024 as BTC broke above $100 000.
Yet today, even with a much deeper correction than after those peaks, inflows are nearly five times lower. Not only are they low, but they’re also remarkably stable.
This suggests something very different.
Investors are not in a rush to sell. They seem willing to sit through the decline, choosing to hold rather than add to selling pressure.
Such behavior indicates a more confident and patient attitude, potentially supportive of a bullish recovery once the market’s selling pressure fully exhausts.
This unusual calm could become one of the most constructive signs of the current corrective phase.
Written by Darkfost
