Binance Cash Flow Update
The latest data shows that $FET and $SLP are experiencing significant net outflows from #Binance .
Typically, outflows from the exchange indicate whales are transferring assets to personal wallets for long-term holding rather than quick trading.
Conversely, $AXS , $BNT, $CHZ, and $JASMY are seeing increased net inflows to Binance.
The transfer of large quantities of tokens to the exchange is often a sign of potential selling pressure or profit-taking from whales.
The latest data shows that $FET and $SLP are experiencing significant net outflows from #Binance .
Typically, outflows from the exchange indicate whales are transferring assets to personal wallets for long-term holding rather than quick trading.
Conversely, $AXS , $BNT, $CHZ, and $JASMY are seeing increased net inflows to Binance.
The transfer of large quantities of tokens to the exchange is often a sign of potential selling pressure or profit-taking from whales.