Binance Inflows Surge: Why $70K Remains a High-Probability Magnet

[nihalsari]

On-chain data adds weight to the bearish case. Roughly $1.4 billion worth of BTC flowed into Binance, historically a precursor to increased sell-side pressure. CryptoQuant analysts identify $70K–$72K as the next high-demand zone, where stronger spot buying could emerge. For seasoned traders, this reinforces the idea that liquidity seeks pain points, and the market may still need to sweep lower before a sustainable upside move resumes.

[96f402f86e]

wait so btc going to binance means people are selling?? i thought exchanges were for buying too