Analysis: The monthly inflow of Bitcoin whales on Binance has halved, indicating reduced selling pressure

According to CryptoQuant analyst Darkfost, in December, the inflow of Bitcoin from Binance whales dropped from about $7.88 billion to $3.86 billion, halving in just a few weeks. This sharp contraction indicates that the largest holders are significantly slowing down their deposits of BTC to Binance, which is an important signal given their strong influence on market dynamics.

Darkfost believes that when influential participants like whales see a decrease in inflows on the platform, it usually means their selling pressure is also decreasing. In other words, the reduction in deposited BTC mechanically implies that sell-offs will decrease in the short term, which is a relatively positive signal for short-term market balance.