Whale activity on Binance has surged to $7.5 billion in the past 30 days, according to CryptoQuant, reaching the highest level seen in the last year. Binance, as the largest cryptocurrency exchange globally, often attracts large transfers from major holders during periods of market uncertainty.
Analysts note that these inflows can indicate both profit-taking and risk management strategies among whales when prices approach key levels.
A similar trend was observed in March 2025, when Bitcoin’s price dropped from around $102,000 to the low $70,000 range. During that period, whales moved significant funds to exchanges, creating temporary selling pressure before the market eventually stabilized.
With the current inflow figures still climbing, the data suggests that selling risk has not yet fully dissipated. Investors are cautioned that while capital is mobilizing, the timing of a market bottom remains uncertain.
In addition to increased whale activity, retail trading activity is returning. Data from CryptosRus indicates that both small and large wallet spot order flow are trending at the same time, as ETF outflows are ending and becoming neutral or positive.
The cumulative delta, which tracks buying vs. selling activity, is beginning to flatten out, and spot demand is beginning to recover.
This corresponding activity in both parts of the market is important because it means that, for the first time in several weeks, both sides of the market are trending in the same direction.
It isn’t a complete turn in the market, but at least there appears to be some build-up of buying power. It has been suggested that, in these circumstances, there could emerge smooth market movements in the weeks ahead.
The price of Bitcoin is always closely related to the availability of money in the market. Daan Crypto Trades reports that the Global Liquidity Index, which reflects the total amount of capital in financial markets, follows the price of Bitcoin. After reaching its peak in early October at the all-time high price of Bitcoin, global liquidity has begun growing again this week.
An increase in money in circulation translates to more funds to invest in risky places like Bitcoin. If such behavior continues, it will lead to a favorable market in cryptocurrencies after several weeks of market volatility.
Also Read: Bitcoin Hits Triple Bottom: BTC Eyes $210K+ Cycle Target