Bitcoin Inflows Drop on Binance as Selling Pressure Eases: CryptoQuant

Highlights

• Bitcoin inflows remain subdued, showing limited selling pressure from whales and long-term holders.
• Bitcoin spot flows show buyers returning as seller pressure loses strength.
• Analyst suggests BTC’s next move depends on whether buyers can clear the $78K–$80K resistance zone. 

Data from CryptoQuant shows Bitcoin inflows on Binance have been on a steady slide from last year’s local peak. Inflows reached about $26.2 billion in October, then fell across the following months. Bitcoin inflows remain a key gauge for investors because exchange deposits often precede selling. When holders send fewer coins to trading venues, they usually show less urgency to exit.

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Bitcoin Inflows Point to Softer Selling Pressure

As of March, the figure had dropped to nearly $10.05 billion, marking the lowest level in the period reviewed. Therefore, traders had fewer coins moving onto the exchange, a pattern often linked to lower selling intent.

📉 Binance BTC inflows have been in a steady downtrend since peaking at $26.2B in Oct 2025, dropping to $10.05B by Mar 2026.
🧊 Lower exchange inflows typically signal stronger HODL behavior and reduced sell pressure.
📈 In Apr 2026, inflows slightly rebounded to $10.69B as BTC… pic.twitter.com/KxzqbwvGh0

— CryptoOnchain (@CryptoOnchain) May 1, 2026

Still, April brought a modest change as Bitcoin recovered toward $78,000. Monthly inflows rose to about $10.69 billion, suggesting some short-term profit-taking after the rally. The increase remains small compared with the heavy inflow levels seen late last year, signaling a calmer selling backdrop.

The whales and longer-term investors have not moved aggressively toward liquidation. This leaves the market with reduced visible supply pressure on Binance. As a result, if demand remains firm, the downward trend in inflows may help support Bitcoin’s medium-term recovery.

Bitcoin Sellers Ease as Spot Buyers Return

Glassnode data shows Bitcoin selling pressure has started to cool after months of heavy spot market outflows. Spot volume delta remained deep in negative territory throughout much of the recent correction, indicating steady net selling across exchanges. The pressure also matched Bitcoin’s pullback into the $60,000 to $70,000 range, where sellers held control for an extended stretch.

Trapped Below Market Mean

bitcoin:native remains capped below the True Market Mean, with support at $65k–$70k. Spot selling is easing and flows stabilise, but demand is weak. Heavy short positioning leaves room for squeezes.

Read the full Week On-Chain👇… pic.twitter.com/Ra5VwcjCzR

— glassnode (@glassnode) April 29, 2026

However, the latest seven-day average now moves closer to neutral, while brief positive delta readings have started to appear. Therefore, the market shows early signs of buyers returning near current price levels.

This shift does not yet show aggressive accumulation, but it marks a clear improvement in spot demand. Meanwhile, weaker sell-side urgency gives Bitcoin a firmer market structure. As a result, continued movement into positive delta would show buyers gaining stronger control of exchange activity and short-term price direction.

Bitcoin Eyes Key Resistance After $75K Support Holds

Bitcoin moved back above $77,000 after the $75,000 support zone held firm, according to crypto analyst Ted. The chart now points toward the $78,000 to $80,000 resistance band, where buyers face the next test.

$BTC is back above the $77,000 level.

$75,000 support zone held strong, so a rally was expected.

Now, Bitcoin is approaching the $78,000-$80,000 resistance zone, which will be a real test.

A reclaim means BTC could fill the CME gap.

A rejection means a bigger correction could… pic.twitter.com/Ij13FbfHoI

— Ted (@TedPillows) May 1, 2026

A clean reclaim of that zone could open room for Bitcoin to fill the CME gap. However, failure near resistance may invite fresh selling and extend the correction. Currently, the price action depends on whether bulls can hold momentum above reclaimed support.

At the time of this writing, Bitcoin was up by more than 2% on the daily chart, pushing the price to $78,000. Moreover, its market cap and trading volume have surged to $1.56 trillion and $31 billion, respectively.

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