Binance deposit flow flipping positive — CZ just confirmed hourly deposits now exceed withdrawals.
The interesting part:
Only 6-10% of outflows went to other CEXs
Most funds → cold storage / self-custody
Majority still haven't touched a DEX
This isn't just liquidity returning. It's behavioral shift.
Users are parking capital, not rotating. They're waiting.
If this trend holds and $BNB stabilizes above key support, we could see a reflexive move as sidelined capital re-enters risk-on positions.
Watch on-chain activity closely. The next leg up starts when wallets start moving again.
The interesting part:
Only 6-10% of outflows went to other CEXs
Most funds → cold storage / self-custody
Majority still haven't touched a DEX
This isn't just liquidity returning. It's behavioral shift.
Users are parking capital, not rotating. They're waiting.
If this trend holds and $BNB stabilizes above key support, we could see a reflexive move as sidelined capital re-enters risk-on positions.
Watch on-chain activity closely. The next leg up starts when wallets start moving again.