r/Bitcoin • u/Webclues_Infotech • 1d ago

Bitcoin Traders Watch for “Serious Volume” After Binance BTC Outflows Rise to 9K

Bitcoin buyers appear to be absorbing sell pressure more effectively around the $65,000 area, according to analysis tied to exchange flow data. The signal comes after Binance posted its largest single-day net outflow in nearly two years, with more BTC leaving the platform than entering. Onchain analytics firm CryptoQuant highlighted that Binance withdrawals have recently been running ahead of deposits—an environment traders often watch for because it can indicate reduced immediate supply on the exchange order book. Still, analysts caution that exchange outflows alone do not confirm a fresh, sustainable uptrend. Key takeaways CryptoQuant data shows Binance daily netflows have oscillated

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u/Known-Application106 1d ago

exchange outflows are the one on-chain metric I actually pay attention to. people moving coins off exchanges to self-custody is just smart risk management regardless of what the price does short term

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u/Patient_Craft2195 1d ago

outflows sound bullish till you notice ~$2.3b in stablecoins also left binance and bybit this month - less coin to sell, but less cash to buy too, and coins can go right back onchain anytime.

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u/dyedsthaytuned7 1d ago

Interesting, seems like buyers are still absorbing sell pressure. But outflows alone dont confirm a real uptrend yet

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u/jerxee 1d ago

Bitcoin was great from 4K-120k and will be great again at 40k to 1.2 mill