Bitcoin keeps leaving Binance as users prefer to lock coins away instead of offering them for sale. If the trend holds, a shrinking tradable pool alongside steady institutional buying could lift the price close to 130,000 USD.
Spot Bitcoin ETFs act like locked vaults that remove coins from circulation, amplifying the supply squeeze when paired with exchange withdrawals. Headlines and policy moves add momentum to this dynamic, reinforcing the bid under price.
The thirty day average of net flow on Binance has slipped deep into negative territory, meaning day-after-day more coins leave the platform than arrive. CryptoQuant notes “accumulator” addresses now control 24, 000 BTC, a 71 % jump in one month and the highest figure since December 2024, underscoring a decisive pivot toward long-term storage.
Realized cap rose about 4.4 billion USD, evidence that buyers paid higher prices as coins last moved at elevated levels. MVRV — the ratio of market value to realized value — flags when the network sits cheap or rich relative to the price paid by past buyers, offering a lens on cyclical risk and potential.
Levels to watch on Binance
Spot Bitcoin ETFs remove coins from tradable supply with every new share issued, tightening float when coupled with exchange withdrawals. Headlines add fuel: the U.S. Department of Justice seized crypto worth 15 billion USD, and Congress weighs rules that would let 401(k) plans channel up to 9.3 trillion USD into digital assets, a backdrop that supports sustained demand.
Accumulation stands at 248 000 BTC in long term wallets, up 71 % in thirty days, while on-chain realized cap added 4.4 billion USD as capital rotated in at higher prices.
Traders wait for a clear weekly candle. If price stays above 108,000 – 109,000 USD and reclaims the weekly moving average, the chart opens a route toward 125,000 – 130,000 USD. Track exchange flows and the weekly close to confirm the path.
The combination of exchange outflows, ETF inflows, and rising realized cap signals a tightening market that can propel price higher. Staying alert to weekly structure and supply metrics offers practical confirmation as Bitcoin attempts a move toward 130 000 USD.
