Short-Term Investors Transfer 80,000 BTC to Binance in 7 Days, Raising $5B Selling Pressure Concerns

BTC0.60%

According to CryptoQuant analyst Darkfost, short-term investors transferred over 80,000 BTC to Binance in the last seven days, representing approximately $5 billion in potential selling pressure. This marks the second-highest inflow level on record, following the 100,000+ BTC influx seen in February.

Bitcoin has declined over 28% since May, retreating to the $60,000 level. The Crypto Fear and Greed Index has fallen below 10, signaling extreme fear among investors. On-chain data shows short-term investors remain highly sensitive to market movements, though analysts note large exchange transfers may reflect multiple purposes including derivatives trading and liquidity management rather than immediate sales.

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