Whale-Retail Gap Widens in Binance Bitcoin Inflows Ahead of Fed Meeting
The gap between whale and retail investors in Bitcoin flowing into Binance has widened further. According to on-chain analytics firm CryptoQuant, over the past 30 days, retail investor inflows to Binance held up more firmly than whale inflows. Whale inflows totaled $3.9 billion, down 44.3 percent from a previous peak of $7.0 billion recorded on June 12.
Retail investor inflows were $7.8 billion, down 22 percent from $10.0 billion on June 5. As a result, retail inflows are now about twice the level of whale inflows, with a gap of $3.9 billion between them. This metric only tracks exchange inflows and does not show whether assets were later sold or their ultimate use.
Market attention is shifting to the U.S. Federal Open Market Committee meeting on July 28-29, where a policy rate decision is scheduled for July 29. The probability of a 25 basis point increase implied by interest rate futures markets was put at about 36 percent.