Binance BTC Inflows Hit Six-Year Low
That reading sits well below the historical average of 11,000 BTC, meaning current inflows are running about three times below normal. Analysts typically treat rising exchange inflows as a signal of incoming selling, because investors move coins onto platforms to liquidate them quickly.
Past spikes back that pattern. Daily inflows to Binance averaged near 19,000 BTC in July 2023, and topped 25,000 BTC during the May 2021 bull peak.
ETF Demand Absorbs Selling Pressure
Bitcoin peaked at $126,080 in October 2025, slid to $60,000 by February 2026, then recovered to about $75,000 in recent days. Throughout that turbulence, Binance inflows stayed far below the historical norm.
Part of the shift also reflects the rise of spot Bitcoin ETFs, which now capture flows that once showed up on exchange charts. The funds have staged a clear rebound over the past two weeks after a rough start to the year.
On Apr. 6, US spot Bitcoin ETFs logged $471.3 million in net inflows, their largest single-day haul in six weeks. Apr. 9 brought another $358.1 million, with Fidelity’s FBTC adding $53.3 million and Morgan Stanley’s newly launched MSBT drawing $14.9 million on its second trading day. Apr. 14 added $411.5 million, led by BlackRock’s iShares Bitcoin Trust at $214 million, followed by $186 million on Apr. 15.
