Darkfost
Whale Inflow ratio surges on Binance amid market correction
This correction is testing all types of investors, from retail participants to whales and even institutions. According to the whale inflow ratio, we are seeing a clear surge in whale activity on Binance, reflecting a specific dynamic in the market. This ratio is calculated by comparing BTC inflows from the 10 largest transactions to total inflows. Using a weekly average helps reveal a clearer trend, filtering out noise from isolated, exceptional transactions. Between February 02 and 15, the ratio rose sharply from 0.4 to 0.62, signaling a significant resurgence of whale activity on Binance. It is important to note, however, that this reflects an increase in their share of inflows, which can be interpreted as rising sell-side pressure in the market. Part of these inflows can be attributed to a well-known whale, believed to be Garrett Jin. Nicknamed 19D5 or “the Hyperunit whale,” this whale has been particularly active on Binance recently, moving close to 10,000 BTC onto the platform. This activity does not appear to be isolated as several whales transactions with significant amounts of BTC have been sent to the exchange, not only due to Binance’s deep liquidity, but also because the uncertain market environment is prompting all types of investors to reassess their exposure and strategy.