As financial instability rises, there has been a noticeable rise in Bitcoin (BTC) inflows into Binance. This is because investors are more active and speculating ahead of the March U.S. Consumer Price Index (CPI) report. Even though Binance’s BTC reserves have grown significantly, experts are still unsure if this means a coming sell-off or a new wave of bullish momentum.
Massive BTC Inflows Signal Strategy
CryptoQuant writer Maarten Regterschot says that in just 12 days, Binance’s Bitcoin reserves grew by 22,106 BTC, equal to about $1.82 billion. They now stand at a total of 590,874 BTC. This sudden influx of money suggests that investors are actively moving their money around in preparation for news that will shake the market.
The amount of Bitcoin coming into Binance has sped up a lot. “Investors are likely actively moving money to Binance because of the macro uncertainty and because the CPI announcement is coming up soon,” Regterschot wrote on April 9.
Tariff Pause Spurs Market Reaction
The rise in Bitcoin deposits happened when former U.S. President Donald Trump decided to put a “90-day pause” on bilateral tariffs, which did not affect China. The tax rate dropped to 10%, but it could go up to 125% in China. The move briefly improved market sentiment and sent the bitcoin price to $82,474, a rise of 8.8% in just 24 hours, according to research.
CPI Expectations Could Tip the Scale
Investors will pay close attention when the U.S. Bureau of Labour Statistics releases the March Consumer Price Index statistics on April 10. According to FactSet, the market thinks consumer prices will increase by 0.1% from one month to the next. On the other hand, analysts like Matthew Hyland and Dyme believe that a lower-than-expected CPI could make crypto prices go even higher, especially if inflation stays close to 2.5%.
Conclusion
The CPI print is coming up, and global tensions are rising. The rapid inflows to Binance show how nervous and hopeful the market is. One thing is for sure: the crypto world is getting ready for an explosive week, whether this surge turns into a sell-off or a rise.
