CryptoQuant reported that whale inflows to Binance have reached their highest level since 2024, according to a recent QuickTake analysis and a post published on X. The data highlights a sharp uptick in large transfers moving onto the exchange.
According to CryptoQuantās on-chain metrics, the surge in whale deposits signals that major holders are sending significant volumes of crypto assets to Binance. Historically, elevated inflows to exchanges can indicate potential selling pressure, as assets transferred to trading platforms are more readily available for liquidation. The current spike stands out as the strongest since 2024, raising questions about whether large players are preparing to offload positions or reposition capital amid shifting market conditions.
Market participants will be watching closely to see whether this wave of whale activity translates into increased volatility or price corrections in the coming days. Further updates from CryptoQuantās on-chain data may clarify whether these inflows persist or taper off as the market reacts.
Source: CryptoQuant.
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