Bitcoin Inflows To Binance Surge: Daily Average Hits 7,500 BTC

Bitcoin is entering a consolidation phase, holding steady above the $100,000 mark but struggling to break past $105,000. The market appears to be stabilizing after weeks of volatility, yet on-chain data signals that profit-taking remains active. According to top analyst Darkfost, since the exceptional liquidation event in early October, many investors have started to secure profits and scale back their exposure as the current cycle nears its end. Related Reading: Bitcoin STH-MVRV Rebounds From Local Low – Potential Recovery Toward $115K–$120K Data from CryptoQuant reveals a notable uptick in Bitcoin inflows to Binance. The 30-day moving average of daily inflows has climbed sharply throughout October, showing that, on average, roughly 7,500 BTC are being transferred to Binance every day. This is the highest inflow rate since the March correction, indicating renewed selling pressure and cautious positioning among traders. While such inflows often reflect profit realization and short-term