- Binance received over 35,000 BTC since Oct 26, signaling strong selling pressure as prices fell from $114,000 to $93,000.
- Rising inflows reflect investor fear, suggesting the market may face another downturn unless selling pressure stabilizes soon.
In recent days, on-chain data shared by analyst Darkfost shows that more than 35,000 Bitcoin have entered Binance since October 26th, a figure roughly approaching $3.5 billion.
This movement coincided with the BTC price dropping from $114,000 to $93,000, prompting many market participants to wonder what was happening.
Shifting Bitcoin Flows Hint at Growing Anxiety Among Traders
Throughout September, BTC flows were actually leaving Binance as many asset holders chose to move their holdings to cold storage. Typically, such a situation indicates strong confidence in the market.
However, the direction of the flow has changed rapidly in recent days. According to Darkfost, the surge in inflows didn’t just appear out of nowhere, as every time an investor sends BTC to an exchange, it usually signals a need to sell. Whether out of fear, caution, or a desire to take profits, this pattern often appears when the market enters a correction phase.
On the other hand, psychological pressure is also increasing. When prices fall, some investors, especially those still susceptible to volatility, tend to panic and move more BTC to exchanges.
Not only that, this inflow increases selling pressure, requiring the market to absorb an additional wave of liquidity before stabilizing.
This picture aligns with the findings of analyst Ali Martinez, who noted that more than 10,000 BTC, worth nearly $1 billion, moved to exchanges in just the last three days.
More than 10,000 Bitcoin $BTC, almost $1 billion, have hit crypto exchanges in the past 72 hours! pic.twitter.com/3kwwzLMKH0
— Ali (@ali_charts) November 16, 2025
Meanwhile, as of the writing time, BTC is changing hands at about $95,247, slightly up 0.35% over the last 24 hours.
Bullish Hints Emerge Despite Strong Selling Pressure
Interestingly, however, not all analysts view this situation as a long-term threat. Analyst Javon Marks believes that BTC’s current pattern resembles two previous patterns that culminated in strong rallies. He even stated, “Sound the alarm, Bitcoin looks on track to set new all-time highs again.”
Technically, this historical pattern does suggest that a phase of selling pressure often precedes the next major move, so his view cannot be completely dismissed.
Furthermore, a previous CNF report warned that Bitcoin’s long-term prospects could strengthen again if the US-China trade deal eases tensions that have been weighing on global sentiment.
When macro conditions improve, market confidence typically returns, and capital flows return to seek new directions in crypto assets.
A few days ago, we also highlighted the apparent disconnect between trading volume on Binance and weakening market momentum.
The decreased activity has led to a seeming withdrawal of new liquidity, as if large players are choosing to wait for new directions rather than react to short-term volatility. This phase often serves as a transition before the market determines its next path, whether recovery or further decline.