Rising exchange inflows signal potential selling pressure amid weakening accumulation trends
Large cryptocurrency holders have moved significant amounts of digital assets to Binance over the past week, raising concerns about near-term market pressure. Data shows whales deposited approximately $2.4 billion worth of crypto, split almost evenly between Bitcoin and Ether. This marked the exchange’s largest net inflow in a month, often interpreted as preparation for selling or positioning assets for derivatives trading.
Buyer Activity Remains Weak
Despite the surge in deposits, analysts note a critical imbalance: buyers have not entered the market in force. Stablecoin flows, often used as a proxy for buying power, remained largely flat at around $42 million, consisting mainly of transfers between blockchains rather than fresh capital entering exchanges. This disconnect suggests selling interest is rising without sufficient demand to absorb it.
Bitcoin Accumulation Shows Signs of Stalling
On-chain metrics indicate that Bitcoin accumulation by large holders has slowed since October. The average size of Bitcoin deposits to Binance has increased sharply, climbing from roughly 8–10 BTC to over 22 BTC per transaction, signaling whale-driven transfers. At the same time, average withdrawal sizes have declined, pointing to reduced movement into long-term storage.
Analysts view these trends as a cautionary signal, highlighting rising selling pressure and a declining appetite for long-term holding among major players. Such conditions could act as a headwind for price growth in the short to medium term, even as broader market activity begins to recover.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.