- Binance’s Bitcoin NetFlow turns sharply negative, signaling reduced selling pressure and growing investor preference for long-term holding and accumulation.
- Bitcoin’s MVRV ratio slips below its 365-day average, indicating a return to undervaluation levels where accumulation historically begins.
- Indicators pointing to accumulation on-chain imply that the market is moving into a new accumulation phase as a result of ongoing outflows and improved confidence by holders.
Bitcoin accumulation indicators are appearing stronger, with exchange outflows accelerating and valuation metrics nearing historical buying zones as owners’ confidence appears renewed amidst declining selling pressure.
Selling Pressure Weakens as Binance NetFlow Turns Sharply Negative
Recent data from CryptoQuant.com reveals that Bitcoin’s selling pressure on Binance has diminished notably, with the exchange’s NetFlow turning sharply negative. This means more Bitcoin is being withdrawn from the exchange than deposited, often an early sign of investor accumulation.
Analyst @burak_kesmeci explained that while daily inflows and outflows may fluctuate, the 30-day moving average (SMA30) offers a clearer market signal. The sustained negative trend over recent weeks suggests investors are opting to hold rather than sell their Bitcoin holdings. This movement aligns with historical accumulation patterns that typically occur before upward market cycles.
The decline in net inflows implies a decrease in short-term speculative activity. With fewer coins available on exchanges, market participants may be positioning for a longer-term hold phase, often observed before broader bullish recoveries. The consistency of this outflow trend reflects growing market conviction in Bitcoin’s value stability despite recent volatility.
MVRV Ratio Nears Historical Buy Zone, Indicating Undervaluation
According to data shared by ShayanMarkets, Bitcoin’s Market Value to Realized Value (MVRV) Ratio currently stands near 1.9, slightly below its 365-day moving average. At the previous level, it has previously lined up with local market bottoms, which have been seen as good accumulation zones for long-term investors.
When the MVRV Ratio drops beneath the 365-day average, historical patterns indicate a high likelihood of entering an undervaluation phase. Examples include mid-2021, June 2022, and early 2024, which were met with similar conditions and declared under the same prior events as accumulation was evident, prior to some sort of market turn.The current reading signals that speculative excess is diminishing, while longer-term confidence appears to be strengthening once more.
This downward deviation also corresponds with Bitcoin’s position within an institutional demand zone. As the MVRV stabilizes, analysts suggest that the metric’s eventual upward turn could confirm that the recent correction formed a cyclical bottom, reinforcing accumulation behavior observed across exchange data.
Indicators Align Toward Accumulation and Market Cycle Transition
Together, the Binance Netflow and MVRV Ratio provide converging evidence of a transition toward an accumulation phase. The movement of kraken addresses demonstrates diminished selling appetite, while the MVRV’s depressed condition illustrates more proof of market consolidation, rather than distribution.
The coordination across these indicators leads us to believe that the short-term volatility is transitioning into longer-term stability as we see long-term holders reinvigorating some of the, market control back into the market.Such alignment has historically preceded the early stages of cyclical recoveries, where demand strengthens gradually before price expansion.
While immediate market movements remain uncertain, the combination of declining exchange inflows and undervalued metrics forms a coherent narrative of strategic accumulation. This reinforces the broader perception that Bitcoin’s current positioning mirrors early accumulation stages observed in previous market cycles.
