CryptoQuant: The inflow ratio of whale Bitcoin on the Binance platform has significantly increased in the past two weeks, possibly related to the activity of BTC OG insider whales

According to CryptoQuant analyst Darkfost, data shows that the whale Bitcoin inflow ratio on the Binance platform surged from 0.4 to 0.62 between February 2 and 15, reflecting an increase in the share of large holders' Bitcoin deposits, which may exacerbate market sell-off pressure.

Darkfost's analysis points out that part of the inflow is related to the activity of BTC OG insider whales. On-chain information indicates that BTC OG insider whales have deposited approximately 10,000 BTC to Binance over the past two weeks.

Darkfost stated that this phenomenon does not seem to be an isolated event, as some whales have sent large amounts of Bitcoin transactions to this CEX. This is not only because Binance has ample liquidity but also because the uncertain market environment has prompted various investors to reassess their risk exposure and strategies.