Binance Outflows Surge as Traders Choose to Hold Instead of Sell — $130K BTC Next?

The Binance Bitcoin (BTC) outflow metric shows that traders now prefer to hold rather than sell, which typically aligns with accumulation phases in market ￰0￱ daily Bitcoin inflows and outflows alone may not tell the full story of whether the market is at the edge of a breakout toward $130k, data from CryptoQuant shows that the 30-day moving average (SMA30) has been strongly negative in recent ￰1￱ Pressure Fades as Binance Netflow Turns Sharply Negative “This suggests that investors prefer holding over selling, which typically aligns with accumulation phases in market cycles.” – By @burak_kesmeci ￰2￱ — ￰3￱ (@cryptoquant_com) October 21, 2025 This suggests that investors over the last 30 days are offloading their Bitcoin holdings from exchanges and accumulating ahead of a potential rally towards $130k, before the end of 2025.

Bitcoin’s MVRV Ratio Signals Cyclical Bottom Formation The accumulation pattern aligns with Bitcoin’s MVRV Ratio slipping below its 365-day average to mark a cyclical bottom ￰4￱ Markets notes that previous drops below this threshold in mid-2021, June 2022, and early 2024 all marked local bottoms and strong buying opportunities.) to coins traded in the last three months, indicating strong holder conviction despite current market ￰5￱ Show Signs of Exhaustion However, Bitcoin’s current price movement shows some signs of weakness and exhaustion from the ￰6￱ bulls had two attempts to regain control on October 13 and October 20, but both ￰7￱ rose from liquidation lows of $102k to around $111k yesterday , but opened October 21st with a drop back to critical support around $107k.

This sudden slip has reversed the bullish divergence formation, and Bitcoin is now showing hidden bearish divergence.) chart shows the price hovering around $108,350, just below the key support region marked by the orange zone, which has acted as a mid-range level since early ￰8￱ green 21-week moving average line, representing the short-term trend, has flattened, indicating a slowdown in bullish momentum, while recent candles suggest sellers are testing this support ￰9￱ $108,000–$109,000 zone now serves as a critical pivot; a weekly close below it would confirm a breakdown, potentially triggering a deeper pullback toward the next major support near $103,000.

Conversely, if Bitcoin can hold this level and reclaim the 21-week MA, it could reattempt resistance near $123,500. The coming weekly close will be decisive in determining whether BTC confirms a breakdown or stabilizes for another leg upward.