May 30, 2025

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Bitcoin Selling Pressure Remains Low as Binance Inflows Stay Subdued

Bitcoin (BTC) is trading near its all-time high of $111,980. Investor behavior suggests reluctance to sell, indicating potential further upside.

Key Insights from Binance Inflows

Short-term holders (STHs) have sent only 8,000 BTC to Binance during the current rally, compared to over 12,000 BTC during past corrections.
Long-term holders (LTHs) deposited just 86 BTC recently, significantly lower than previous peaks.
Current inflows to Binance are not concerning given strong demand.

Analyst Ali Martinez warns that a drop below the $106,800 support could lead to significant price declines.

Lack of Panic Selling

No notable profit-taking seen as BTC approaches new ATHs, with both STH and LTH cohorts holding unrealized profits.
Increased exchange withdrawals suggest investors expect further price growth.
Low retail participation indicates the market has not reached euphoric conditions.

BTC is currently priced at $10,503, down 0.3% in the last 24 hours.