A closer look at Binance's 7-day average netflow data reveals a potential shift in investor behavior. Altcoins with strong inflows may face increased selling pressure, while those with consistent outflows could be signaling accumulation.
📉 Top 5 Altcoins with Highest Net Inflows (Potential Selling Pressure)
ANKR
MATIC
JASMY
MASK
CHZ
Heavy inflows into Binance suggest that these assets may be moved to exchanges with the intent to sell, indicating a potential rise in short-term selling pressure.
📈 Top 5 Altcoins with Highest Net Outflows (Buyer Dominance May Be Increasing)
ENJ
SLP
HOT
FET
UMA
Net outflows from Binance for these coins may indicate that investors are transferring assets to personal wallets for holding, implying a potential increase in buyer dominance and accumulation interest.
Conclusion and Strategy
Historically, net inflows to spot exchanges have often preceded price pullbacks due to selling pressure, while net outflows are frequently associated with accumulation phases and potential bullish momentum.
For weekly/monthly trading strategies, monitoring Binance Netflow data can be a valuable edge.
Written by burakkesmeci
