Data sourced from Binance indicates alterations in liquidity trends and trader behaviors that could significantly affect Bitcoin’s future price movement.

Key Insights:

• The number of Bitcoin whale deposits to exchanges is on the rise, indicating an increased risk of profit-taking.
• BTC inflows into Binance have reached peak levels not seen since early 2025, historically associated with market pullbacks.
• Deposits in USDT on Binance have hit annual highs, suggesting traders are taking positions ahead of expected volatility.

Whale Ratio Indicates Increased Selling Pressure

A notable increase in the Exchange Whale Ratio, now at 0.47 across all platforms, suggests large Bitcoin holders are shifting their assets to trading venues. In particular, Binance has seen its 14-day EMA for this ratio rise to 0.427, marking its highest point since April. This trend portends potential distribution phases, especially since large players often utilize Binance for liquidity when unloading their holdings.

BTC Whale ratio on Binance. Source: CryptoQuant

Surging BTC Inflows to Binance Signal Caution

Analysis from the 30-day SMA of BTC inflows shows that numbers reached 8,915 on November 28, closely approaching the peak of 9,031 recorded on March 3. Historically, similar spikes in inflow metrics have been followed by rapid price declines.

Bitcoin inflows on Binance. Source: CryptoQuant

With the market struggling to maintain its position above the $96,000 threshold, the increasing supply from Binance could pose a significant barrier.

Surge in USDT Deposits: Preparing for Market Shifts?

Binance has documented a staggering 946,000 USDT deposit transactions over a week, far surpassing competitors. This influx typically suggests traders are readying for tactical actions amid market swings, whether to purchase during dips or reposition strategically.

USDT deposit trends across exchanges. Source: CryptoQuant

Given the simultaneous increase in whale selling alongside higher BTC inflows, this trend likely reflects a preparatory phase for active trading rather than passive accumulation. If Bitcoin fails to maintain the $90,000 support level, liquidity from USDT could push prices down further, yet a hold could stimulate a counter-trend rally.

This article does not provide investment advice. All financial decisions carry risks, and readers should perform their own due diligence.