- Short-Term Holders recently sent only 8,000 BTC to Binance, showing weak current selling pressure.
- Long-Term Holders’ inflow is just 86 BTC, far below the 2024 peak of 626 BTC.
- Combined low inflows suggest minimal sell pressure, while overall demand for Bitcoin remains relatively strong.
Bitcoin is currently trading above $105,000 after touching a new all-time high above $111,000. Even though this is a 5.97% drop from its highest point, the monthly trend remains strong. Over the past 30 days, Bitcoin has still gained over 11.17%, showing resilience in the face of minor pullbacks.
Concerns about whether the cryptocurrency can keep its rally going are rising, but Binance inflow data offers a different perspective. The numbers suggest that many investors are still holding their Bitcoin rather than cashing out. That could mean they are expecting prices to go even higher.
A recent update on CryptoQuant by on-chain analyst Darkfost gave a closer look at this trend. He reviewed the actions of both short-term and long-term holders. The analysis used Binance inflow data to measure selling pressure, which helps understand market behavior during price changes.
Selling Pressure Lower Than Previous Rallies
Darkfost pointed out that short-term holders are usually the first to react during price swings. During earlier market declines—such as in August 2024, when Bitcoin dropped from about $69,000 to $53,000—short-term holders moved over 12,000 BTC to Binance.
A similar move happened in March 2025 during a panic triggered by tariffs. At that time, over 14,000 BTC were dumped onto the exchange by this group.
This time, the setup looks different. So far in the current rally, short-term holders have sent only 8,000 BTC to Binance. That’s a sign they’re not rushing to sell, despite recent highs.
Long-term holders are showing similar signs of restraint. During the peak in 2024, they moved 626 BTC to Binance. Before that, 254 BTC were sent in ahead of another top. In this rally, they’ve only added 86 BTC to the exchange.
Darkfost stated that inflows to Binance from both short-term and long-term holders are not currently a concern. He mentioned, “Whether we’re talking about STH or LTH, inflows… are not concerning.” Still, he emphasized the need to view this in light of current demand, which he described as relatively strong.
Strong Demand From Bitcoin Whales
Santiment, a blockchain data provider, noted that wallets holding between 100 and 1,000 BTC are aggressively adding to their positions. In the last six weeks, this group has grown by 337 new wallets. Altogether, these addresses have gathered more than 122,330 BTC, worth about $13.3 billion at current market prices.
“Over the past 5 years of Bitcoin’s history, no tier of wallets has been more price-correlated to crypto markets than the behavior of whales holding between 100 to 1,000 $BTC,” Santiment reported.
In addition, Glassnode data shows the Bitcoin Accumulation Trend Score has reached 1. This is the highest possible value and points to strong buying from large investors.
With restrained selling by both short-term and long-term holders and steady accumulation by large wallets, signs point toward continued optimism in the Bitcoin market. Although the asset has pulled back from its record high, demand remains firm, and selling pressure is not weighing heavily on the price for now.
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