Bitcoin Whales Hold Back as Retail Deposits Hit 6-Month High
CryptoQuant data shows Bitcoin whales have cut their Binance deposits by 36% since August, while retail inflows to the exchange reached a six-month high. Large holders pulling back from exchanges typically signals reduced accumulation or caution, while a retail deposit surge can precede selling pressure. Traders may read the divergence as a warning that smaller holders are moving coins to sell while whales stay on the sidelines.
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1H AGOYou’re reading thisBitcoin Whales Hold Back as Retail Deposits Hit 6-Month HighBeInCrypto · Score 45
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16 OCT · 12:53Crypto Briefing · Score 25 · via whales hold, Bitcoin whales