Over the past 12 days, Binance deposits of BTC recorded approximately 590,874 units Increased by about 22,106 units compared to average... "Investors preparing to sell" Some suggest "Binance BTC deposits could be preparation according to demand"
With the US Consumer Price Index (CPI) announcement just hours away, a forecast has been released predicting significant volatility in the cryptocurrency market based on funds flowing into Binance. Maarten Regterschot, a researcher at CryptoQuant, announced on the 10th through a blog post that Binance's Bitcoin (BTC) inflow over the recent 12 days recorded approximately 590,874 units. This is an increase of about 22,106 units compared to the average. Regterschot explained, "The phenomenon of Bitcoin flowing into Binance ahead of the CPI announcement can be interpreted as investors' preparation for macroeconomic uncertainty." The US Department of Labor is currently preparing to release the March CPI. The CPI is a key economic indicator referenced when the Federal Reserve determines the benchmark interest rate. Asset markets typically fluctuate significantly after the CPI announcement. March was a month that suffered significant macroeconomic anxiety due to Trump's tariff war declaration. Interpretations suggest the March CPI results will show high volatility. This is seen as investors taking preemptive measures in anticipation. However, there were also interpretations that large Bitcoin inflows to Binance do not necessarily indicate a Bitcoin decline. Fab Hundal, a researcher at Australian cryptocurrency exchange Swiftie, explained, "While cryptocurrency volumes flowing into exchanges are usually interpreted as selling pressure, there's also a possibility that Binance has pre-positioned quantities simply to meet the market's high demand." Reporter Seung-won Kwon ksw@blockstreet.co.krExpert: "Binance Bitcoin Deposits Surge... Great Volatility Coming"
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