Binance volumes slide as wholecoiner inflows cool

CryptoQuant data shows wholecoiner deposits to Binance are trending lower even as Bitcoin pushes higher.
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CryptoQuant data updated on Dec. 15 indicates ā€œwholecoinerā€ deposits to Binance, defined as transfers above 1 BTC, have been trending lower even as Bitcoin has pushed higher.

The same dataset flags a sharp mid-November cooldown in venue activity. Between Nov. 11 and Nov. 14, BTC futures volume fell 63% from about $11.57B to $4.25B per day, reinforcing a broader pullback in derivatives turnover alongside softer large-ticket inflows.

Operationally, the next checkpoint is whether these size-driven deposits and futures volumes re-accelerate into upcoming catalysts or remain subdued and keep liquidity conditions tight. Stakeholders will monitor flows and volume for confirmation of renewed risk appetite versus continued de-risking.

Source: CryptoQuant.


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This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.

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