Binance Whales Move Big as BTC Surges
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Binance whales are reducing inflows and are indicating a shift toward holding positions despite the current macroeconomic unrest.
Bitcoin made a strong comeback this week, as it trades close to $85,000 after dumping below $74,000 last Monday. Despite the earlier market chaos triggered by Trump’s tariff imposition and the subsequent 90-day pause, new data revealed that Binance whales are not panicking amid the current period of macroeconomic uncertainty.
This is found after considering two key indicators – the Exchange Whale Ratio and the Binance Whale to Exchange Flow.
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