{"id":126857,"date":"2025-04-10T04:16:18","date_gmt":"2025-04-10T04:16:18","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=126857"},"modified":"2025-04-10T04:16:18","modified_gmt":"2025-04-10T04:16:18","slug":"bitcoin-inflows-to-binance-see-strong-acceleration-ahead-of-march-cpi-print","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=126857","title":{"rendered":"Bitcoin inflows to Binance see \u2018strong acceleration\u2019 ahead of March CPI print"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsBitcoin inflows into crypto exchange Binance have surged over the past two weeks amid uncertainty over US President Donald Trump\u2019s tariffs and the upcoming US Consumer Price Index (CPI) results, says an analyst.<br \/>\nHowever, another analyst argued that while it could signal an impending sell-off, it might also indicate a bullish trend.<br \/>\nInvestors are \u201cactively moving funds to Binance\u201d<br \/>\nCryptoQuant contributor Maarten Regterschot said in an April 9 post that Binance\u2019s Bitcoin (BTC) reserve increased by 22,106 BTC, worth $1.82 billion, over the last 12 days to a total of 590,874 BTC.<br \/>\n\u201cThis shows a strong acceleration in BTC inflows to Binance. It\u2019s likely that investors are actively moving funds to Binance due to the macro uncertainty and before the upcoming CPI announcement,\u201d Regterschot said.\u00a0<br \/>\nCoinMarketCap shows Bitcoin is trading at $82,474 at the time of publication, up 8.8% in the past day after receiving a boost from Trump\u2019s 90-day tariff pause on all countries but China.<br \/>\nBinance\u2019s Bitcoin Reserve has 590,874 Bitcoin. Source: CryptoQuantThe US Bureau of Labor Statistics is scheduled to deliver the CPI results for March on April 10.<br \/>\nDuring uncertain times, traders often move their crypto onto exchanges to sell, leading to more volatility as confidence starts to decline.<br \/>\nHowever, Swyftx lead analyst Pav Hundal told Cointelegraph that this isn\u2019t always a bearish signal. \u201cLarge inflows could be a sign of selling, but it is a very fluid market. It is plausible that Binance is shifting assets into its hot wallets to meet heavy demand.\u201d<br \/>\n\u201cThe next few days are critical in understanding the appetite of the market for crypto after Trump\u2019s climbdown on tariffs,\u201d he said.<br \/>\nEarlier on April 9, Trump issued a 90-day pause on his administration\u2019s \u201creciprocal tariffs,\u201d lowering the tariff rate to 10% on all countries besides China, which he ramped up to 125%, citing the country\u2019s counter-tariffs against the US.<br \/>\n\u201cTensions between the US and China remain a structural overhang,\u201d Hundal said.\u00a0<br \/>\nRelated: Bitcoin price at risk of new 5-month low near $71K if tariff war and stock market tumult continues<br \/>\nMeanwhile, crypto analyst Matthew Hyland said that the March CPI results \u201cwill show inflation is crashing down probably close to 2.5%.\u201d<br \/>\n\u201cAnother interesting day coming,\u201d he added.\u00a0<br \/>\nCrypto analyst Dyme said, \u201cLower than expected CPI print will send us higher.\u201d<br \/>\nHowever, FactSet\u2019s consensus estimates show economists expect consumer prices to have risen by 0.1% month-over-month in March.\u00a0<br \/>\nOn March 12, the CPI came in lower than expected at 3.1%, beating expectations of 3.2%, with a corresponding 0.1% drop in headline inflation figures.<br \/>\nMagazine: Memecoin degeneracy is funding groundbreaking anti-aging research<br \/>\nThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-inflows-binance-surge-cpi-march-print-crypto-analysts?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsBitcoin inflows into crypto exchange Binance have surged over the past two weeks amid uncertainty over US President Donald Trump\u2019s tariffs and the upcoming US Consumer Price Index&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126857"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126857"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126857\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126857"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}