CryptoOnchain: Increased outflow of miners and inflow of old coins into Binance, market facing selling pressure
CryptoOnchain analysis shows that the average outflow of miners has increased by 564% in the past week, and the inflow of 18 to 24 month old coins on Binance has risen compared to the 30 day benchmark. The daily average net inflow of Binance stablecoins is -126 million US dollars, indicating insufficient spot liquidity. Additionally, Binance's funding rate has increased by 87% on a weekly basis and turned positive.