When Bitcoin dipped below $60,000 earlier this year, something shifted. Traders who had been sitting on their holdings started moving coins, and a lot of them moved them to Binance. The result: a flood of sell-side pressure that, according to CryptoQuant contributor Darkfost, has roughly doubled average monthly inflows to the world’s largest crypto exchange.

We’re talking about 7,600 BTC per month flowing into Binance now, up from 3,880 BTC before April 13, 2026. At current prices near $62,000 to $63,000, that translates to approximately $479 million in potential selling pressure sitting on the exchange.

What the inflow data actually tells us

The doubling of inflows from roughly 3,880 BTC to 7,600 BTC monthly is not a subtle shift. Darkfost’s analysis points to the $60,000 level as the psychological trigger. Bitcoin breaking below that threshold appears to have spooked enough holders to prompt coordinated movement toward the sell button, even as prices have since recovered to the $62,000 to $63,000 range.

According to the same analysis, a similar dynamic played out when Bitcoin was trading near $84,000 in November 2025, when monthly average inflows to Binance surpassed 9,000 BTC.