Bitcoin inflows to Binance see ‘strong acceleration’ ahead of March CPI print

Bitcoin inflows to Binance experienced significant growth, totaling 22,106 BTC valued at 1.82 billion USD within just 12 days. This notable rise has prompted discussions among analysts about whether it indicates an approaching sell-off or a bullish market movement.

The impending US Consumer Price Index (CPI) release on April 10 has contributed to market speculation. Analysts, including Matthew Hyland, anticipate a possible decrease in inflation to around 2.5%, which could further impact investor behavior.

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