Crypto Whales Move Billions to Binance as Buying Power Fades

Crypto whales transfer over $2.4 billion in Bitcoin and Ether to Binance, signaling potential selling pressure as buying demand weakens and accumulation stalls.

Crypto Whales Move Billions to Binance as Buying Power Fades.Crypto whales have been on the move again, sending billions in Bitcoin and Ether to Binance. Yet despite this surge in large transfers, the market’s buying power appears to be vanishing, leaving analysts questioning whether another wave of selling could be near.Billions Flow In, But The Bids Are Missing

Over the past week, blockchain data has shown a noticeable uptick in large token transfers heading into Binance. According to onchain analytics platform CryptoOnchain, whale wallets have collectively deposited about $2.4 billion worth of assets, split almost evenly between Bitcoin and Ether. This marked the largest inflow to the world’s biggest exchange in nearly a month.

But while those numbers suggest heightened market activity, the usual sign of enthusiasm from buyers has been absent. CryptoOnchain pointed out that stablecoin movements remained largely unchanged, with just $42 million flowing across networks during the same period. That minor uptick was mostly the result of transfers between Ethereum and Tron, rather than fresh capital entering the market.

The firm’s analysis painted a cautious picture, describing the whale transfers as a sign that major holders could be preparing to sell or to use their holdings as collateral in leveraged trades. The absence of new buying power has therefore raised red flags for traders looking for upward momentum in the short term.

Bitcoin Accumulation Stalls as Whales Shift Strategy

Adding to the unease, data also suggests that Bitcoin accumulation among large holders has slowed significantly since October. While smaller investors have continued to hold through market swings, whales appear to be shifting toward liquidity rather than storage.

CryptoOnchain noted a dramatic change in the average deposit size moving into Binance. What once averaged between 8 and 10 Bitcoin per transaction has now climbed to as high as 26 Bitcoin. This means that large holders are transferring significantly larger chunks of their holdings to exchanges behavior often linked to intent to sell rather than accumulate.

At the same time, withdrawals from Binance have shrunk sharply in scale. The average Bitcoin withdrawal now sits between 5.5 and 8.3 coins, down from much higher levels earlier in the year. This decline in outbound flow suggests that fewer investors are moving assets into long-term storage.

In simpler terms, the flow of Bitcoin off exchanges a traditional sign of accumulation has dried up. Instead, whales appear to be keeping their holdings within reach, hinting at either cautious positioning or readiness to offload.

A Warning Sign For Short-Term Momentum

The combination of heavy inflows and stagnant stablecoin activity has created what analysts are calling a “clear warning signal.” Rising selling pressure and declining appetite for long-term holding could serve as a brake on price growth in the near future.

CryptoOnchain’s latest analysis emphasized that these onchain signals should not be ignored. The report described the trend as a headwind that might limit Bitcoin’s ability to sustain recent gains or break significantly higher levels in the short to medium term.

Despite the cautious tone, the broader market has not yet shown panic. Bitcoin remains up by around 1.3% over the past 24 hours, trading near $92,600 after reaching a 24-hour peak of $93,170. That modest gain came as global markets reopened after the year-end lull, giving traders fresh liquidity to test new positions.

Still, the underlying sentiment appears divided. Optimists argue that whales could be moving assets for derivatives positioning or arbitrage rather than outright selling. Pessimists, however, view the muted stablecoin inflow and shrinking outflows as a sign that buying demand simply isn’t keeping up.

What Comes Next For The Market

The coming days could be crucial in determining whether these whale moves are a precursor to profit taking or a more complex reallocation strategy. Analysts will be watching closely for any spike in stablecoin inflows or renewed accumulation patterns both of which could hint at a recovery in buying interest.

Until then, traders are likely to remain cautious. If Bitcoin prices fail to hold above recent support levels while whale deposits continue to climb, selling pressure could intensify across major exchanges. On the other hand, any sign of renewed accumulation could quickly shift sentiment, especially given how sensitive crypto markets remain to liquidity changes.

For now, the message from onchain data is clear: whales are active, but the market’s buyers are nowhere to be found. Whether this leads to a cooling-off phase or sets the stage for a deeper correction will depend on how quickly buying power returns to balance the scales.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards