Binance net equity inflows hit $163M, the highest since early July and a fourth straight weekly rise.
I checked Binance Research's earlier ten-week data: users bought hardest when QQQ fell, averaging about $207M on down weeks versus roughly $50M on up weeks. If that pattern holds, I'm reading this as dip-buying, not momentum chasing.
I can't confirm both datasets use the identical definition, though. Does a streak of dip-buying inflows usually mark a bottom, or just early buyers getting trapped?
#Binance #BinanceSquare #CryptoMarket #ETHDropsBelow2400USDT #BitcoinShortTermHoldersReach4.08MBTC
$GTC $EPIC
I checked Binance Research's earlier ten-week data: users bought hardest when QQQ fell, averaging about $207M on down weeks versus roughly $50M on up weeks. If that pattern holds, I'm reading this as dip-buying, not momentum chasing.
I can't confirm both datasets use the identical definition, though. Does a streak of dip-buying inflows usually mark a bottom, or just early buyers getting trapped?
#Binance #BinanceSquare #CryptoMarket #ETHDropsBelow2400USDT #BitcoinShortTermHoldersReach4.08MBTC
$GTC $EPIC