Netflow data from Binance is highlighting a clear divergence in altcoin behavior. While some tokens are experiencing outflows from the exchange, others are seeing strong inflows — both of which offer valuable insights into potential bullish or bearish setups.
According to Binance netflow, FET has seen significant outflows, followed by ILV, AMP, SLP, GTC, and DODO. These outflows suggest that investors are moving these assets off the exchange, possibly into cold storage or for long-term holding — reducing immediate sell pressure. As a result, these coins are more likely to generate bullish signals in the near future, with a higher probability of upward price movement.
On the flip side, the top altcoins flowing into Binance are MATIC, SNX, CHZ, ASMY, and AGLD. These inflows may indicate that investors are preparing to sell, increasing the likelihood of bearish price action or limited upside.
In Summary:
Altcoins with outflows (e.g., FET, ILV) tend to have a stronger potential for upward movement.
Altcoins with inflows (e.g., MATIC, SNX) may face increased sell pressure, reducing their likelihood of rallying in the short term.
In other words, when analyzing bullish signals, those accompanied by net outflows from Binance are generally more reliable. Meanwhile, altcoins with net inflows into Binance could be preparing for distribution, suggesting weaker bullish potential or even downside risk.
Written by BorisVest
