Binance Inflows Surge as Whales Overtake Retail Traders
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Binance, a leading retail-heavy crypto exchange, has experienced a groundbreaking transformation in trading activity. Recent onchain data shows that there are a lot of deposits entering the exchange, highlighting a significant surge. This activity spotlights the growing entry point of whales into the crypto market.
Furthermore, it suggests a shift in Binance’s user base, which highlights institutional players and large-scale investors now actively involved in the growing ecosystem of Binance. CryptoQuant, a platform for on-chain data analysis, has announced the news through its official X account.
Binance Chart Shows Rising Whale Activities
Binance Exchange inflow (Mean, MA7) aims to measure the average size of deposits, which is a key indicator fueling the narrative. Historically, if the average inflow is lower, it reveals retail traders’ strong participation. But the current cycle exhibits a different story.
Since early 2024, the average inflow has brought up to 13.5 $BTC from 0.8 $BTC per deposit. From this transactional rise, it is confirmed that the flow in whales’ activity dominates the market. It showcases high-value investors selecting Binance as a preferred platform.
The Platform, Binance, Attracted by Whales
This strategic shift cements Binance’s stance as the world’s largest cryptocurrency exchange by trading volume. The exchange manages deep liquidity pools, allowing whales to execute large trades without any slippage. This phenomenon makes the exchange an ideal point to exhibit substantial inflows and outflows.
With the continuous evolution in the crypto market, whales dominate the crypto market. It highlights the significant role of institutional scale players, indicating major price movements with overall market stability.
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