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Retail Bitcoin Binance Deposits Hit Six-Month High as Whale Inflows Drop to $3.8B

Bitcoin traded around $80,670 following a 7% drop over three weeks, with weekend lows touching $79,200 to $79,300 amid geopolitical tensions. On-chain data reveals a sharp divergence in market behavior as 30-day retail deposits to Binance surged 95.45% from $5.5 billion to a six-month high of $10.75 billion, outpacing whale deposits by 2.8 times. Conversely, whale deposits to Binance fell roughly 36% from $5.9 billion in late August to $3.8 billion, indicating that large holders are restraining from selling onto exchanges while retail participants offload tokens.

Category

Bitcoin

Sentiment

Mixed

Event

Analyst flows

Reading time

1 min