Recent Bitcoin (BTC) inflows to Binance are notably low, signaling a strong reluctance among holders to sell despite price fluctuations. The cryptocurrency nearly reached its peak value, just $60 away from $111,970, amid substantial market liquidations.
With the increase in estimated leverage, traders are exhibiting heightened risk tolerance, which may lead to further market instability. Concurrently, dwindling stablecoin netflows reflect reduced buying power, potentially affecting future upward market momentum.
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