Binance Bitcoin net inflow over 3 times in 10 days

CryptoQuant analyst Darkfost posted on X platform that Bitcoin on Binance platform has maintained a net inflow state for 10 consecutive days. On May 16th, the average weekly inflow was 378 BTC, which has now risen to 1190 BTC, an increase of more than three times in 10 days. On May 18th, the daily inflow exceeded 3600 BTC, which is a relatively high level. Binance BTC reserves increased from 616000 on April 24th to 632000, an increase of 16000 within a month. Analysis suggests that sustained inflows into exchanges are often seen as potential selling signals.