CryptoQuant: Panic selling by short-term BTC holders has cooled down, with inflows to Binance dropping to a historical low
According to CryptoQuant analyst Darkfost's monitoring, as geopolitical tensions and economic trade pressures continue, BTC has recently seen a slight rebound, and the market has entered a consolidation phase.
The panic selling sentiment among short-term holders (STH) reached its peak, with approximately 100,000 BTC transferred to Binance within 7 days. Currently, this data has significantly decreased, with the amount of BTC flowing into Binance from STH dropping to about 25,000, marking a historical low. Analysts believe this change indicates a significant reduction in market selling pressure, which is a positive signal for the currently pressured risk asset market.
-- Price
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