Activities on Binance, especially the indicators tracking the Bitcoin cash flow, are important indicators for understanding the current market dynamics. History shows that when the Coin Days Destroyed (CDD) inflow indicator on Binance increases, it is usually accompanied by selling pressure from long-held coins, leading to a price correction.

For example, in March 2024, when Bitcoin reached $70,000, the selling pressure from long-held coins on Binance contributed to the price drop. However, currently, even though Bitcoin is approaching the $80,000 mark, there are no signs of significant selling pressure from these coins.

A thorough analysis of the cash flow indicators on Binance, especially the Inflow CDD, helps traders grasp market trends and potential risk factors.