LIQUIDITY IS QUIETLY DRYING UP 👀
Bitcoin is still hovering around $88K, but the behavior underneath the surface has changed a lot.
A month ago, both Coinbase and Binance were seeing heavy $BTC and $ETH inflows. Coinbase alone had over $21B in 7-day inflows. That kind of activity usually signals repositioning and potential sell pressure.
Fast forward to now, price is basically the same -- but Coinbase inflows are down more than 60%, and overall exchange inflows are much lower. Binance is still seeing activity, but even there, flows are meaningfully softer.
That tells you something important. Assets aren’t rushing to exchanges anymore. Selling urgency has faded, and short-term trading activity has slowed. When price stays stable while liquidity tightens, it usually means supply is being absorbed, not distributed.
And when liquidity is this thin, moves tend to come after, not before, people get comfortable again.
📸$BTC
