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Bitcoin inflows to exchanges diverge as Binance falls and Coinbase rises

Medium-sized Bitcoin wallet inflows to Binance have dropped to 2023 levels, a signal that near-term selling pressure may be easing, Cointelegraph reported. The seven-day average inflow from wallets holding 100 to 1,000 BTC fell to 3,000 to 4,000 BTC. Retail inflows also stayed limited. In contrast, Coinbase saw about 8,500 BTC flow in from medium-sized wallets on April 19. Exchange outflows and declining reserves continued, analysts said.