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Over 550,000 Bitcoins Flow into Binance, Reaching Selling Pressure Levels Not Seen Since the 2023 Bear Market

2026/06/30 09:14 (Updated 2026/06/30 11:01)
CoinPost
Written by L.Kikutani
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Over 550,000 Bitcoins Flow into Binance, Reaching Selling Pressure Levels Not Seen Since the 2023 Bear Market

Surge in Selling Pressure

Surge in Selling Pressure

An analyst at the on-chain analytics platform CryptoQuant, Mr. Darkfrost, reported on the 29th that as Bitcoin broke below the $60,000 mark, inflows to deposit addresses on Binance and OKX surged, reaching levels not seen since the bear market of 2023.

More than 220,000 BTC have flowed into Binance's deposit addresses, while over 330,000 BTC have been deposited into OKX...

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MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.