🚀 Binance Holds the Key to Bitcoin Market Confidence 🚀
Binance remains a pivotal force in shaping Bitcoin’s market dynamics. Data reveals that the average realized deposit price for BTC on Binance stands at $63,000, yet Inflow CDD (Coin Days Destroyed) remains low.
This signals strong investor confidence, as deposits primarily come from new market participants, while long-term holders continue to HODL. Experienced investors are reducing sell pressure, boosting market optimism.
Binance’s role as a hub for retail and institutional investors reinforces a positive outlook for Bitcoin’s future price movements.