Analysis: Binance's net bitcoin traffic tended to balance on the 30th. Large recharges did not translate into continued selling pressure

According to XWINJapan analysis, CryptoQuant data shows that although the daily recharge volume of Bitcoin occasionally surged, Binance's net traffic on the 30th day tended to balance, and withdrawals basically offset the recharge. This means that the large top-up has not been translated into continuous net inflows of funds-the inflows of BTC are either absorbed by market purchases or withdrawn into long-term custody. Analysts note that neutral or negative net flows usually reflect holding behavior rather than willingness to sell. Current data shows that investors may use Binance more to gain liquidity than prepare for large-scale sales. Although the surge in short-term recharges may still bring price fluctuations, the overall picture does not point to continued selling pressure.