Bitcoin whales are buying, smaller investors staying away, Binance inflows decreasing

From Cointelegraph

March 12, 2025 05:05:13 AM:

Bitcoin whales are back buying BTC while smaller investors are staying away due to panic, according to new research. Sell-side pressure from Binance whales is cooling, with top 10 largest inflows declining. Bitcoin at $80,000 is attracting large investors, while overall appetite for BTC exposure remains suppressed.

The exchange’s whale ratio on Binance has been on a downtrend since mid-January, indicating decreasing selling pressure. Historically, this trend precedes bullish trends. Both whales and larger entities have begun accumulating coins this month, but overall demand for BTC exposure remains low.

Short-term holders of BTC are hesitant to buy at current prices, with capital outflows increasing. This shift suggests a more cautious market environment, with new buyers reluctant to absorb sell-side pressure. Uncertainty in the market is spooking demand, potentially leading to a prolonged correction.

Read more at Cointelegraph: Bitcoin whales hint at $80K ‘market rebound’ as Binance inflows cool