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Bitcoin: Whales Stir Waves on Binance

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We won’t teach you anything new: when markets collapse, there are those who cry and those who go shopping. While Bitcoin threatens $70,000, small investors panic, but the whales, on the other hand, sit down at the table. On Binance, a phenomenon intrigues: large wallets are gradually halting their sales, a sign that the storm might soon calm down. Should we see this as a strong signal or just a simple pause before an even more brutal plunge? Especially since trading volumes remain moderate, proof that many still hesitate to jump in.

Diver discovering a Binance safe full of bitcoin coins watched over by a whale

Binance: when the whales change course

Since January, the price of Bitcoin has been on a rollercoaster, and some traders are already feeling seasick. However, one indicator catches the eye: the “whale ratio” on Binance is plummeting. This index, which measures the share of the ten largest deposits across all fund inflows, shows that the crypto giants are slowing down their sales. In other words, the big fish prefer to hold onto their BTC rather than throw them overboard in the middle of a storm.

According to Darkfost, an analyst at CryptoQuant, “a drop in the whale ratio often precedes a bullish reversal“. Coincidence? Perhaps not. Binance, which handles the largest volume of Bitcoin in the world, is witnessing a subtle yet potentially decisive change. Less selling pressure, more accumulation…

The market mechanics are reversing. But should we really trust the whales?

Experienced traders know that these market giants do nothing by chance. Every movement is calculated, every BTC bought or sold has a specific target. Is the game biased in favor of the bigger players? Undoubtedly. But ignoring their strategies would be a serious mistake.

The BTC whales swallow everything: sign of a reversal?

While casual traders are biting their nails, the big investors move methodically. Data from Glassnode and CryptoQuant reveal that wallets holding more than 10 BTC are increasing, a sign that accumulation continues behind the scenes.

tendance-accumulation-bitcoin
Bitcoin accumulation trend score – Source: Glassnode

Some telling figures:

  • The number of wallets containing more than 10 BTC has been rising since early March;
  • The whale ratio on Binance has been continuously falling since mid-January;
  • The activity of small investors is decreasing, fear in their bellies.

This contrast is striking: while small sellers are getting rid of their BTC in panic, the whales are picking them up at reduced prices.

Who is right? Those who flee the ship or those who quietly fill their holds? If history has taught us anything, it’s that whales never play without reason. Moreover, their appetite is not limited to Bitcoin: some are already beginning to accumulate Ethereum and other leading cryptos, as if a new bullish cycle was preparing silently in the shadows.

Crypto market: a calm before the storm?

Bitcoin is suspended in a strange stupor. Glassnode reports that incoming flows are stagnating, evidence of a persistent lack of confidence. Add to this a psychological wall at $80,000 that seems insurmountable, and you have a market in suspense. Small investors are waiting for a signal, but the whales are making their decisions without a sound.

fourchette-accumulation-bitcoin
Accumulation range between $95k-$98k – Source: Glassnode

If the trend observed on Binance continues, this accumulation phase could be the prelude to a sudden surge. But first, the market must follow… Are we on the brink of a new bullish rally or about to fall even lower? The uncertainty is total.

The history of Bitcoin is marked by periods where optimism is reborn after a long calm. But nothing is ever written in advance. If trading volumes suddenly explode, the awakening could be brutal, in either direction.

flux-capitaux-bitcoin
Bitcoin STH capital flows. Source: Glassnode

The recent drop in Bitcoin has provided crypto-skeptics, including Peter Schiff, with a nice moment of triumph. According to him, the end of sector millionaires is near. Yet, these same millionaires continue to stack BTC with Olympic calm. And what if history repeated itself? Those who cry apocalypse rarely end up winning in the end. The whales, on the other hand, make no noise. They accumulate, wait, and strike at the right moment. And what if that right moment is closer than we think?

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