Binance Netflow Data Shows Diverging Altcoin Trends

According to a new report from CryptoQuant, recent Binance netflow data reveals a clear divergence in altcoin behavior — offering insights into which tokens may be poised for upside and which could face near-term sell pressure.

The report highlights that Fetch.AI (FET) is leading a group of altcoins experiencing significant outflows from Binance, followed by Illuvium (ILV), AMP, SLP, GTC, and DODO. These outflows suggest that holders are moving assets off the exchange — likely into cold storage or long-term positions — reducing immediate sell pressure and enhancing the likelihood of bullish momentum.

“Altcoins with persistent net outflows tend to show stronger upward potential,” CryptoQuant noted.

Altcoins With Inflows May Be Facing Distribution

On the other hand, tokens such as Polygon (MATIC), Synthetix (SNX), Chiliz (CHZ), ASMY, and AGLD are seeing notable net inflows to Binance. These movements often precede distribution events, with investors transferring assets to centralized exchanges in preparation for selling.

This shift may cap short-term upside for these tokens and could even signal bearish setups if inflows persist.

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Netflow Patterns Offer a Valuable Trading Signal

In summary:

• Tokens with outflows (e.g., FET, ILV): Reduced sell pressure, higher probability of price appreciation.
• Tokens with inflows (e.g., MATIC, SNX): Elevated sell pressure, weaker bullish setups or downside risk.

CryptoQuant emphasizes that exchange netflows remain one of the more reliable on-chain indicators for anticipating directional momentum, particularly when combined with price action and volume analysis.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.