Amr Taha
Data shows that whales and mid-term holders have been transferring BTC to the Binance.
📰 Daily Market Update: In the past few hours, multiple on-chain indicators have pointed to distribution behavior, revealed by analyzing Bitcoin inflows through different perspectives, such as holder age and whale activity. 📊 [Bitcoin] Binance Exchange Inflow by Holder Age This chart tracks BTC inflows to Binance segmented by coin age — how long coins were held before being moved. 🔬 Key Observation 📈 What stands out clearly is a sudden inflow from the 6M–12M holder age cohort, recorded just hours ago. 📅 On Feb 2, holders aged 6–12 months deposited 5,000 BTC to Binance 📅 This marks the first inflow of this size from this age group since early 2024. 📊 BTC: Whale (>1K) to Binance Inflow The second chart focuses on whale activity, tracking wallets holding more than 1,000 BTC and their transfers to Binance. 🔬 Key Observation 📈 On February 2, whales deposited approximately 5,000 BTC into Binance. 📈 This is the second inflow of similar size, following a previous spike on December 18. 📉 After the December inflow, Bitcoin price did not immediately crash, but later declined below $80,000, suggesting a delayed market selling. 🧠 Final Conclusion Tracking inflows by holder age and whale size gives a broader view of market trends. While big whale inflows don’t always trigger immediate sell-offs, they do boost the available supply on spot markets, which can heighten downside risk if demand slows.