Bitcoin Whales Hold Back as Retail Deposits Hit 6-Month High
BTC when published $80,060Now $80,577 ▲ +0.65% since it was published
Retail investors have nearly doubled their Bitcoin (BTC) deposits to Binance since April, reaching a six-month high. Bitcoin whales have moved the other way for almost two months. Retail and whale flows often diverge. Data from CryptoQuant, an on-chain analytics firm, shows retail deposits at 2.8 times whale deposits. Is Retail Treating the Rebound as an Exit Window? The 30-day retail total climbed from $5.5 billion in April to $10.75 billion, according to CryptoQuant. That leaves retail $6.95 billion above the whale figure. A 30-day sum adds up every deposit from the past month, which smooths out single-day spikes. A deposit is not a sale, but it moves coins to where selling happens. The pattern suggests small holders may be using the rebound to exit at better prices.
First reported by BeInCrypto. This page is a short excerpt; the full text is theirs.
