Cryptocurrency whale activity on Binance reached $5.56 billion in a month.
On-chain Bitcoin (BTC) transfers from major holders on Binance reached $5.56 billion over the past 30 days. According to experts, the Whale Flow to Binance metric, which tracks transactions over 1,000 coins, recorded a sharp increase in October, indicating a noticeable increase in activity by major investors.
October 21st proved to be a significant day, with total inflows to the exchange reaching $1.07 billion. Several large transactions occurred over the course of the day: $43.74 million, $21.63 million, $162 million, $24 million, $143.77 million, and $323.43 million in the morning, and $39.45 million and $336.95 million later in the evening. Against the backdrop of these transactions, the price of Bitcoin briefly rose from $108,000 to $113,000, but then corrected back.
At the same time, the Exchange Whale Ratio metric on Binance also began to increase, signaling a redistribution of liquidity by large holders. While the ratio stood at 0.32 on October 13, after the market correction, it rose to 0.39, indicating the return of whales to the exchange.
“Historically, rising Whale Ratio values often precede short-term volatility. In January 2025, reaching extreme values for this indicator coincided with a significant correction in the Bitcoin price. However, moderate growth doesn't always have negative consequences: it can signal a liquidity test and a reallocation of assets in anticipation of market movement,” the experts stated.
Experts also reiterated that if the Bitcoin price remains stable while the Whale Ratio rises, this is interpreted as a sign of strong market demand. Conversely, a sharp spike in the ratio followed by a price drop often indicates a local peak and a waning buying activity.
Current data indicates that large traders are returning to trading, increasing transaction volumes and preparing for a new phase of price volatility. Given upcoming macroeconomic events, this increased activity could serve as an early indicator of an impending move in BTC prices.
Source: cryptonews.net
