**[Short-Term Funds Take Profits, Bitcoin Inflows to Binance Reach Highest Level Since February]** BlockBeats reported on August 22 that crypto analyst Darkfost stated Bitcoin has surged over 23% in the past three days. As prices rise rapidly, signs of profit-taking are emerging in the market, with approximately 53,000 BTC flowing into major exchanges, including about 17,800 BTC transferred to Binance. Notably, all 17,800 BTC flowing into Binance came from short-term holders, especially investors who held their positions for less than a day. In contrast, long-term holders who have held BTC for over six months did not transfer any BTC to Binance. This indicates that the current inflow is primarily driven by short-term speculative funds rather than structural selling by long-term holders. Data shows this is the largest BTC inflow to Binance since February 2026. Back in February, short-term holders experienced a significant wave of market capitulation. The current large-scale inflow and outflow of short-term funds to exchanges reflect a noticeable increase in speculative trading activity. These brief and sudden capital movements are also driving volatility in the crypto market higher once again. [Original Link]