Whales and Retail Halt Bitcoin Inflows Ahead of Next Move
The post Whales and Retail Halt Bitcoin Inflows Ahead of Next Move appeared on BitcoinEthereumNews.com. Binance Bitcoin inflows from whales and retail investors drop to their lowest level since the start of the current cycle. Derivatives volume rises sharply while Bitcoin holders maintain high conviction and choose not to sell. Something quite rare is happening on Binance. According to on-chain analyst Darkfost from CryptoQuant, both large investors (whales) and retail investors are now showing very similar behavior—they have stopped sending Bitcoin to the exchange. BTC inflows from both groups are recorded at their lowest point since the beginning of the current market cycle. And while retail and whales usually tend to go in different directions, now they are in unison. Source: CryptoQuant Bitcoin Whales and Retail Stay Still at a Key Moment The analyst said that this situation reflects one important thing: the majority of market players choose to hold, not sell. In a world dominated by profit-taking and seasonal panic, this is no small thing. The commitment to hold assets, especially when macroeconomic uncertainty has not completely subsided, indicates a fairly high level of confidence in Bitcoin’s future. Even more interestingly, throughout this cycle, there have only been two moments when whales and retail have moved simultaneously—and both occurred right at the peak of the market. Back then, inflows to Binance surged simultaneously from both camps. Now? Quite the opposite. BTC inflows to Binance have completely receded, like the shore before a big tidal wave. Derivatives Volume Rises Sharply, But Spot Investors Still Wait and See On the other hand, the latest data from CoinGlass actually shows a big spike in the Bitcoin derivatives market. In the last 24 hours alone, BTC derivatives trading volume rose 27.74% to $58.49 billion. It may sound like a normal number for those who have been in crypto for a long time, but in the context of quiet…
The post Whales and Retail Halt Bitcoin Inflows Ahead of Next Move appeared on BitcoinEthereumNews.com.
Binance Bitcoin inflows from whales and retail investors drop to their lowest level since the start of the current cycle. Derivatives volume rises sharply while Bitcoin holders maintain high conviction and choose not to sell. Something quite rare is happening on Binance. According to on-chain analyst Darkfost from CryptoQuant, both large investors (whales) and retail investors are now showing very similar behavior—they have stopped sending Bitcoin to the exchange. BTC inflows from both groups are recorded at their lowest point since the beginning of the current market cycle. And while retail and whales usually tend to go in different directions, now they are in unison. Source: CryptoQuant Bitcoin Whales and Retail Stay Still at a Key Moment The analyst said that this situation reflects one important thing: the majority of market players choose to hold, not sell. In a world dominated by profit-taking and seasonal panic, this is no small thing. The commitment to hold assets, especially when macroeconomic uncertainty has not completely subsided, indicates a fairly high level of confidence in Bitcoin’s future. Even more interestingly, throughout this cycle, there have only been two moments when whales and retail have moved simultaneously—and both occurred right at the peak of the market. Back then, inflows to Binance surged simultaneously from both camps. Now? Quite the opposite. BTC inflows to Binance have completely receded, like the shore before a big tidal wave. Derivatives Volume Rises Sharply, But Spot Investors Still Wait and See On the other hand, the latest data from CoinGlass actually shows a big spike in the Bitcoin derivatives market. In the last 24 hours alone, BTC derivatives trading volume rose 27.74% to $58.49 billion. It may sound like a normal number for those who have been in crypto for a long time, but in the context of quiet…
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