🐋 Bitcoin Whales Are Sending Less BTC to Binance – A Quiet Bullish Signal?
On December 25, CryptoQuant analyst Darkfost shared an important on-chain insight:
Bitcoin whale inflows to Binance dropped sharply in December.
According to the data, monthly whale inflows fell from around $7.88 billion to $3.86 billion — nearly cut in half within just a few weeks. This means large holders are depositing much less Bitcoin onto Binance than before.
Why does this matter?
- Binance is still the largest exchange by fund flows, and whales usually send BTC to exchanges when they plan to sell or take profit. When these deposits slow down, it often signals lower selling pressure in the market.
- In the current market environment, this trend is seen as positive. Fewer whale deposits suggest that big players are not rushing to exit, and may be choosing to hold instead. While this does not guarantee a price rally, it does reduce one major source of downside pressure.
- Less selling from whales often gives the market more room to stabilize or move higher, especially if demand stays steady.
Do you think whales are preparing for the next leg up, or just waiting for better prices to sell later?
