- Bitcoin inflows from wholecoiners to Binance average about 6.5K BTC in 2025
- BTC price rejected near 94K and pulled back toward 88K over the weekend
- Analysts identify 86K as a key support level for bitcoin
Bitcoin inflows to Binance from wallets holding at least one full BTC have dropped rapidly. Data from CryptoQuant shows daily inflows, which historically spiked during bull runs, now plummeting.
Meanwhile, the 7-day and 30-day moving averages of these inflows are trending lower, reflecting reduced activity. The annual average inflow has fallen to roughly 6,500 BTC in 2025, a level last seen in 2018.
Analyst Darkfost_Coc noted, “The collapse in wholecoiner inflows signals reduced selling pressure from long-term holders.” This suggests fewer large holders are transferring BTC to exchanges to sell.
Price recovery fades after rejection near 94,000
Bitcoin has been recovering after reaching lows of $80,000 on November 21. The price has steadily climbed above $90,000, forming higher lows and highs in a countertrend rising channel within a broader downtrend.
The recovery initially appeared supported by the decline in the dollar index after a recent Fed rate cut. A longer-duration trend indicator also hinted at potential bullish momentum.
Despite these factors, BTC retreated from $93,000 on Friday to around $88,000 on Sunday, stabilizing near $89,600 at press time.
Key support levels watched as selling pressure stays muted
Last week, BTC closed with a bearish candle characterized by a long upper wick and a small red body with minimal lower wick. This pattern indicates rejection above $94,000 and shows sellers dominated rallies at higher levels.
Crypto analyst Ali Martinez identified $86,000 as a key support level for Bitcoin. He stated, “If the $86,000 level fails to hold, a deeper pullback could occur.”
The trend of lower inflows from long-term holders combined with price rejections near $94,000 indicates that selling pressure may remain limited but cautious.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
