Binance Inflow Analysis Reveals Short-Term Bitcoin Trading Amid Rate Cut

Following the US Federal Reserve’s October 29th rate cut, Bitcoin (BTC) experienced a sharp price drop, leading to over 10,000 BTC being sent to Binance. This triggered speculation about whether it was driven by a market sell-off or a sign of a potential crypto winter. Now, analysis from CryptoQuant suggests this decline was fueled by short-term traders. 30th October data reveals that nearly all the influx into Binance came from Bitcoin held for less than 24 hours, a characteristic signature of