ChainCatcher message, CryptoQuant's analysis indicates that the inflow of Bitcoin whales to Binance has dropped significantly from approximately $7.88 billion to $3.86 billion, a decrease of 50%. Despite the overall downward trend, there have still been some large transactions in the market, including a whale inflow of $466 million.

Analysis suggests that a decrease in large deposits usually means reduced selling pressure, which supports the market in the short term.

As the platform with the largest inflow among exchanges, changes in whale activity on Binance are seen as an important indicator of market sentiment.