2 hours ago
Digital asset exchange Binance has recorded surging inflows following a drop in Bitcoin price. This liquidation has wiped out billions in value from the crypto market, increasing sell pressure. Inflows to centralized crypto exchanges point to an imminent sale due to the ease of transactions, while outflows to other custodians are viewed as longer-term hodling strategies. Binance Sell Pressure Spikes As inflows to the largest exchange by trading volumes surge, traders record weakened sentiments. This slowed down the chances of a price peak despite days of momentum in Bitcoin and altcoins. Binance market share makes it closely watched among traders. Volumes on the exchange help shape market sentiments, especially among retail investors. A new CryptoQuant report shows the hourly Binance net taker volume plummeted, further sharpening sell pressures. This continues to spark a series of huge outflows from the market as investors offload assets to recover losses. Most retail assets sold are fairly new, likely purchased when the asset price soared above $100K. “ The hourly Net Taker Volume on Binance turned sharply negative today, signaling a significant increase in selling pressure. It reached a peak of -$325M, the highest value in 2025, during the release of the ISM PMI and JOLTs Job Openings data, which revealed unfavorable results for risky assets. Monitoring this indicator, along with others, will be essential to determine whether fear is starting to dominate the market…” The effect of these macro factors on digital assets cannot be overstretched especially indices on institutional clients. These big players tend to move with the financial market, lowering inflows to risky assets like Bitcoin. Institutional volumes fueled a portion of crypto gains, resulting in price dips and slow investments. Last year, these participants ignited Bitcoin to new all-time highs . Funding Rates Plunges Momentum After the BTC price plunged from $108K, funding rates have consistently declined, showing a weak market position. This led to substantial capital outflows in the derivatives market and spells danger for other assets. The impact on altcoins is sharp corrections from double-digit gains to increased losses in the last 25 hours. According to the analyst, a continuous trend could result in Bitcoin failing to maintain the $90K support. “ Deeper Corrections: Potentially testing lower Fibonacci levels or psychological thresholds. Conversely, if Funding Rates recover alongside strong buying activity, Bitcoin could stabilize and resume its upward trajectory,” CryptoQuant added.
ZyCrypto
You can visit the page to read the article.
Source: ZyCrypto
Tags :
Cryptocurrency News Binance Cryptocurrency News
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Emergence of Memecoins on Solana Raises Concerns About Oversaturation Among Cryptocurrencies
The cryptocurrency market is witnessing an unprecedented influx of new tokens, raising questions about sustainability and investor interest. The surge of over 10.99 million unique digital assets highlights an unparalleled ZyCrypto
Could OFFICIALMAGACOIN Be the Best Crypto Bet for 2025? Experts Weigh In!
THE OFFICIALMAGACOIN has redefined what success looks like in crypto. With a jaw-dropping 50,000% growth potential, this token has already raised $1.5 million in minutes during its presale. With Bitcoin (BTC) crossing $100,000 and XRP’s recent 500% surge might seem impressive, but none can rival the explosive potential and exclusivity driving THE OFFICIALMAGACOIN forward. Why THE OFFICIALMAGACOIN Outshines XRP and Others 1. Massive Growth Potential: XRP’s 500% returns pale in comparison to the staggering 50,000% potential of THE OFFICIALMAGACOIN. Early investors are already seeing the impact of this token’s high demand and limited availability, making it the standout choice for transformative returns. 2. Exclusive Sale Creates High Demand: THE OFFICIALMAGACOIN is sold exclusively at OFFICIALMAGACOIN. This strategic exclusivity has heightened interest and secured its place as one of the most sought-after tokens. 3. Strong Community Support: THE OFFICIALMAGACOIN thrives on a loyal and engaged community, driving organic growth and market demand. This strong backing amplifies its visibility and positions it as a top choice for long-term success. How It Stacks Up Against Other Cryptos Ethereum (ETH): A DeFi leader, but its growth has plateaued compared to early-stage tokens like THE OFFICIALMAGACOIN. Solana (SOL): Strong in scalability, but SOL can’t match the exclusivity and skyrocketing demand of this new token. Optimism (OP): A Layer-2 solution with promise, but its gains are modest compared to THE OFFICIALMAGACOIN’s potential. Injective Protocol (INJ): A promising DeFi player, but it hasn’t generated the same overwhelming excitement. The Crypto Everyone’s Talking About THE OFFICIALMAGACOIN has already set new standards in the market. With its explosive potential, exclusive access, and investor confidence, this token is on track to deliver life-changing returns. Don’t wait—secure your tokens now at magacoinofficial.com Website: magacoinofficial.com X/Twitter: https://x.com/officialMAGAx Continue Reading: Could OFFICIALMAGACOIN Be the Best Crypto Bet for 2025? Experts Weigh In! ZyCrypto
