Binance Receives Bitcoin Inflows Ahead of CPI Report, Raising Questions About Market Reaction

Bitcoin inflows to Binance have surged recently, with over 22,000 BTC (equivalent to $1.8 billion) transferred within the past 12 days. This surge in Bitcoin holdings coincides with anticipation around the release of the US CPI report today. Experts speculate that investors are shifting funds to Binance for potential market volatility and opportunities arising from an anticipated softer CPI reading.