TechFlow news, January 13 — Analyst Darkfost stated that since reaching a peak of 28,000 BTC on November 12, Bitcoin inflows on Binance have been steadily declining. In recent days, the daily average inflow has dropped to around 6,000 BTC, significantly lower than levels seen in November. This decline suggests easing selling pressure, as investors appear increasingly inclined to hold rather than sell their Bitcoin.
Examining Bitcoin's net flow on Binance reveals that outflows continue to dominate, although net flows have remained relatively stable in recent days. This stability may indicate a more balanced market sentiment, with investors seemingly willing to hold onto their BTC for now. If this trend persists, it could lead to a period of consolidation or a resumption of bullish momentum.
