Amr Taha
Bitcoin Whales Show Less Selling Pressure Than Retail as Large Holders Accumulate
Bitcoin inflows to Binance are diverging by transaction size. Retail-linked deposits have grown far faster than whale-linked flows, while large BTC holder cohorts show improving accumulation and the exchangeâs Tron-based USDT reserve has more than doubled. From August 18 to October 17, Binanceâs 30-day retail BTC inflow sum rose 54%, from $7 billion to $10.78 billion. Whale inflows increased just 9.5%, from $4.2 billion to $4.6 billion. The gap widened from $2.8 billion to $6.18 billion. The sharp increase in retail inflows suggests stronger profit-taking activity and a greater tendency among smaller investors to reduce their Bitcoin exposure. In contrast, whale inflows have grown much more slowly, indicating relatively weaker selling pressure from large holders and a greater inclination to retain their BTC rather than transfer it to Binance for potential sale. The 60-day accumulation/distribution indicator adds a second contrast. Between September 27 and October 19, the 1k ~ 10K BTC đŚ cohort improved by 67,830 BTC, shifting from -62,600 BTC to +5,230 BTC. Meanwhile, the 100 ~ 1K BTC đŹ cohort declined by 75,000 BTC, falling from +115,450 BTC to +40,450 BTC, but remained in positive accumulation territory. This indicator measures net accumulation versus distribution over a rolling 60-day window, not purchases executed over the dates compared. Liquidity has also shifted. Binanceâs USDT reserve on the Tron network jumped from $790 million on October 7 to $1.76 billion on October 18, a $970 million increase (+123%). That is just $6 million below its September 11 reading. The indicator tracks USDT reserves transferred to exchanges through the Tron network. Conclusion: Retail profit-taking often coincides with further price gains. Meanwhile, slower growth in whale inflows to Binance, combined with continued accumulation among larger BTC holder cohorts, suggests a constructive outlook for Bitcoinâs long-term price trend.