Whales Stir the Waters: Bitcoin’s Rebound Looks Fragile
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Bitcoin (BTC) is experiencing heightened volatility as a recent market correction tests investors across the spectrum, from retail participants to institutional players. Data from CryptoQuant indicates a notable uptick in whale activity on Binance, while Glassnode reports that overall on-chain signals remain subdued, suggesting cautious market sentiment. Whale Activity on the Rise According to blockchain analytics firm CryptoQuant, the whale inflow ratio, which measures BTC inflows from the 10 largest transactions relative to total inflows, rose sharply from 0.4 to 0.62 between February 2 and 15. The increase signals a significant resurgence of whale activity on Binance, the world’s
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