BTC flows from other exchanges to Binance are at record lows, indicating positive changes and growing confidence among traders.

1️⃣ Liquidity integration: Binance is the largest exchange by global trading volume, no need to transfer BTC to access liquidity. Many traders prefer to operate directly on Binance.

2️⃣ Stablecoin usage: USDT, USDC usage is increasing, many investors are less dependent on BTC as an intermediary asset between exchanges.

3️⃣ Confidence in Binance: Previously, large amounts of BTC moved to Binance when the market was down, signaling panic. Now, the reduced flow reflects greater confidence in Binance and the market.

This is not a sign of weakness but stability and confidence in Binance.