$BTC Inflows Surge — What’s Next for Bitcoin?
Bitcoin is trading at $118,612, about 4.1% lower than its recent all-time high of $124,000. After the US Treasury said it won’t be buying BTC, the market is watching closely to see if this pause will lead to another rally or a bigger drop.
🔎 On-chain data update:
Binance has seen a big increase in Bitcoin inflows (coins moving into exchange wallets).
This usually means BTC is being sent to exchanges for selling, trading, or adjusting positions.
If inflows keep rising without enough buying demand, it could cause short-term selling pressure.
However, if buyers step in, this extra liquidity could fuel the next price move upward.
📉 Leverage trends:
Binance’s Exchange Leverage Ratio (ELR) fell from 0.27 to 0.25 before bouncing back.
Lower leverage suggests traders reduced risky positions and took profits after the big run-up.
Support now looks to be coming more from real liquidity than speculation.
⚡ Bottom line:
BTC inflows are climbing, which often brings volatility. Whether it turns into a sell-off or a setup for the next rally depends on how much buying pressure enters the market.
