Binance Sees Tepid Bitcoin Inflows as Investors Hold Strong Amid Market Resilience

Bitcoin investors are demonstrating remarkable confidence in the cryptocurrency’s future price appreciation, as evidenced by subdued inflows to Binance. Recent data reveals that short-term holders deposited only 8,000 BTC to the exchange, while long-term holders contributed a mere 86 BTC—a significant drop from the 2024 peak of 626 BTC. These minimal inflows suggest reduced sell pressure, highlighting strong underlying demand for Bitcoin. Currently trading above $105,000, Bitcoin’s market resilience continues to shine, reinforcing the bullish sentiment among investors.

Bitcoin Investors Hold Steady Amid Subdued Binance Inflows

Bitcoin’s market resilience shines as investor behavior suggests confidence in further price appreciation. Short-term holders deposited a mere 8,000 BTC to Binance recently, while long-term holders contributed just 86 BTC—a stark contrast to the 2024 peak of 626 BTC. These tepid inflows indicate minimal sell pressure, reinforcing the narrative of strong underlying demand.

The cryptocurrency trades above $105,000 after briefly touching a record $111,000, maintaining an 11.17% monthly gain despite a 5.97% retracement from its peak. On-chain analyst Darkfost notes this restraint from both investor cohorts—typically quick to react during volatility—signals expectations of continued upside.

Binance’s inflow metrics serve as a barometer for market sentiment. The current data paints a picture of disciplined accumulation, with holders apparently unwilling to relinquish positions at these levels. Such behavior historically precedes extended bullish phases in Bitcoin’s market cycles.

SEC Drops Lawsuit Against Binance in Landmark Decision for Crypto Industry

The U.S. Securities and Exchange Commission has abruptly terminated its high-profile lawsuit against Binance and founder Changpeng Zhao, marking a strategic retreat from its aggressive crypto enforcement stance. Federal court filings reveal the SEC now considers dismissal "appropriate" following internal deliberations by its crypto Task Force.

Binance faced allegations of operating as an unregistered securities exchange and commingling customer funds when the suit was originally filed in June 2023. The motion seeks dismissal with prejudice - a permanent resolution that prevents future refiling. This development follows the SEC’s recent pattern of softening its approach toward crypto enforcement actions.