#bitcoin inflows on Binance drop to 2020 levels, with investors generally choosing to hold and wait.

On April 13th, according to CryptoQuant data, Bitcoin inflows on Binance have fallen back to 2020 levels.

Analyst Darkfost points out that investors are not planning to transfer $BTC to exchanges for a sell-off. Instead, they seem to prefer a hold strategy, which reduces short-term selling pressure.

BTC
BTCUSDT
74,871.1
+1.30%