Bitcoin is facing renewed selling pressure after average monthly BTC inflows to Binance nearly doubled from 3,880 BTC to 7,600 BTC since April, representing roughly $479 million in potential sell-side pressure at current prices. The increase followed Bitcoin’s drop below the key $60,000 level, a zone that has repeatedly triggered panic deposits during previous market declines. The development matters because rising exchange inflows often signal investors preparing to sell, while a strengthening U.S. dollar and tightening liquidity conditions continue to weigh on sentiment. Analysts are now watching whether the $60,000 support holds and whether upcoming liquidity signals could mark the next major Bitcoin cycle low.
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