Data: The average monthly inflow size of Bitcoin on Binance has surged 34 times, with significant increase in the activity of large holders

CryptoQuant data shows that over the past few months, the average monthly inflow per transaction of Bitcoin on the Binance exchange has increased to about 29.7 BTC, nearly 34 times higher than at the beginning of 2021, reflecting a significant increase in the activity of large holders (whales) on the platform.

This metric represents the average amount of Bitcoin per inflow transaction, suggesting that institutional or large funds are accelerating their entry into the exchange.