Reviewing the Binance Netflow data for November 2025 reveals a striking divergence between market leaders and specific altcoins.
1. Ethereum Supply Crunch:
The most significant signal is the massive negative Netflow for ETH (-358M). This continued outflow suggests whales and institutions are moving Ethereum off the exchange into cold storage, signaling strong long-term conviction and a potential supply shock.
2. Warning Signal for UNI & DeFi:
Conversely, UNI shows a staggering positive inflow of +53.5M. This massive deposit onto Binance could indicate potential selling pressure or liquidity provision, urging caution for UNI holders. Similarly, CRV (+1.7M) and SUSHI (+1.5M) are seeing inflows, hinting at profit-taking behavior in the DeFi sector.
3. Buying Power Accumulating:
On the bright side, stablecoins like BUSD (+436K) and TUSD (+409K) are showing positive inflows. This suggests that while altcoins are being deposited, traders are also loading up on “dry powder,” ready to buy the dip.
Conclusion:
The market sentiment is mixed. While ETH implies a bullish accumulation phase, specific altcoins like UNI face potential sell-side liquidity. Traders should monitor these inflows closely before taking long positions on the affected altcoins.
Written by CryptoOnchain
