3 Binance Bitcoin charts point to the direction of BTC’s next big move

Analysis of three key metrics linked to Binance suggests Bitcoin (BTC) is facing increased selling pressure and preparing for volatility, which could determine whether it holds support or enters a deeper correction. First, the Exchange Whale Ratio on Binance is rising, indicating large holders are depositing BTC, often preceding distribution phases near resistance levels like $93,000. Second, 30-day average BTC inflows to Binance have hit yearly highs, historically signaling that holders are de-risking after a rally, acting as a headwind above $96,000. Finally, USDT deposits on Binance have surged, suggesting traders are positioning for rapid moves or volatility rather than passive accumulation. If BTC loses the $90,000 support, this liquidity could accelerate a drop, but holding support might fuel a sharp bounce.

(Source：Cointelegraph)