Binance Whale Inflows Hit Four-Month High, Threatening Bitcoin Stability
The Bitcoin price remains stable within the $60,000-$65,000 range as Binance whale inflow ratio reaches its four-month high at 0.52.
This significant increase indicates that large holders are transferring more BTC to Binance than smaller investors, which could potentially lead to selling pressure in the market.
Historically, spikes in whale inflows have appeared near both market tops and bottoms during periods of heightened volatility, according to analysts.