Post
Some coins are recording outflows from Binance such as $COMP , $FET , $SKL, $AXS .
{spot}(COMPUSDT)
{spot}(FETUSDT)
{spot}(AXSUSDT)
Withdrawing coins from the exchange is often a positive signal as it shows a trend of holding more rather than being ready to sell.
On the contrary, $MATIC, $JASMY, and $CHZ have more inflows into the exchange.
This could create additional selling pressure in the short term.
{spot}(COMPUSDT)
{spot}(FETUSDT)
{spot}(AXSUSDT)
Withdrawing coins from the exchange is often a positive signal as it shows a trend of holding more rather than being ready to sell.
On the contrary, $MATIC, $JASMY, and $CHZ have more inflows into the exchange.
This could create additional selling pressure in the short term.
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