Bitcoin Correction Sees Low Inflows as Holders Remain Steady

In Brief

• Binance inflows remain low despite Bitcoin’s deep 36% correction phase.
• On-chain capital flows stay positive, signaling no major investor panic.
• Bitcoin approaches key support near $88K-$89K as bulls defend critical levels.

Bitcoin has dropped nearly 36% during its two-month correction phase, yet inflows to Binance remain unexpectedly low. This diverges from past cycles, where sharp pullbacks saw increased exchange activity.

Total crypto inflows to Binance are five times lower than during April and December 2024 peaks. However, the current inflows remain unusually stable, suggesting reduced intent to sell.

BINANCE Total Coins Inflows | Source: CryptoQuant

In April 2024, over 200 million coins flowed into Binance after Bitcoin hit $73,800. December 2024 showed a similar pattern above $100,000, but current flows show investor calm.

This behavior points to strong conviction and a patient stance among holders during price declines. As a result, market participants may be preparing for a potential bullish rebound.

On-Chain Metrics Remain Supportive of Market Stability

Realised Capital Flows on a 30-day basis continue to stay positive, indicating capital still enters the Bitcoin network. During prior bear markets, these flows dropped below 0%, which is not the case now.

Bitcoin Realised Capital Flows (30d) | Source: On-Chain

Past downturns, such as mid-2022 and late 2022, showed clear negative flows, often below -20%. The current reading stays above 0%, signalling no sign of major capitulation.

Meanwhile, Bitcoin is trading near important support levels identified by on-chain metrics. Its Realized Price sits at $56,355, with the market price at $89,259.

The Realized Price-to-Liveliness Ratio stands at $87,966, historically a support area during previous downturns. This zone may attract buyers if the price weakens further.

Bitcoin Realized Price-to-Liveliness Ratio | Source: Glassnode

Bitcoin also faces resistance between $92,000 and $94,000, which bulls failed to break during recent attempts. However, the $88,000–$89,000 support zone remains critical.

Source: X

A nearby CME futures gap at $89,500 is likely to be filled soon, potentially increasing volatility. Afterward, price direction may depend on how bulls react at key support.

Investor behaviour, low inflows, and on-chain strength together suggest a constructive market setup. If selling pressure fades, Bitcoin could prepare for the next leg upward.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Source: https://coincu.com/bitcoin/bitcoin-correction-sees-low-inflows-as/