The Flow of Money into Binance Exchange Reaches Lowest Level in 6 Months at $3.27 Billion

Bitcoin Whales have only transferred 3.27 billion USD worth of BTC to Binance in the past 30 days. This figure marks the lowest whale inflow since November 2024, according to CryptoQuant. Therefore, this decline signals that selling pressure is decreasing from large holders. Fewer coins entering the order book usually strengthens the support level. Whale Bitcoin Continue to Hold CryptoQuant analyst JA Maartunn explains that during the price surges in March and November 2024, the inflow of money from whales skyrocketed to over $6.17 billion and $8.44 billion. These peaks coincided with sharp pullbacks, as whales locked in gains at higher price levels. Moreover, the decrease in whale deposits indicates that holders currently prefer to hold or move coins off the exchange. Many may transfer BTC into cold storage or over-the-counter trading locations, reducing the visible supply.

As a result, the market faces tighter liquidity. Lower sell walls on Binance create room for price increases. Traders often view this as a bullish context. In terms of price, Bitcoin has recently risen to around $104,000. This price increase found some support partly because large sell orders did not materialize. Last week, data from CryptoQuant showed that 'new Bitcoin whales' hold a large portion of capital. These whales bought at an average price of $91,922, so they may want to sell at a much higher price. However, macro factors still influence the direction of the market. The Fed's policy decisions, regulatory changes, and geopolitical events can lead to a sudden increase in supply. In addition, on-chain data shows that long-term holders are increasing their positions. Such accumulation often occurs before continuous price increases, as coins are effectively disappearing from the circulating supply. However, the activity of whales being restrained does not ensure that profits are not interrupted. Retail selling sentiment, derivative positioning, and institutional capital flow can trigger volatility again.

Finally, the lowest level in the past six months regarding the cash flow into Binance from whales reflects the temporary confidence of large holders. If the Whale maintains this restraint, Bitcoin could find a more solid footing above $100,000. However, market watchers will keep an eye on any changes in Whale behavior to provide early warnings of shifts in sentiment.