Second-Largest Whale Inflow to Binance in a Month 🐳

Second-Largest-Whale-Inflow-to-Binance-in-a-Month

Bitcoin and Ethereum experienced serious downward movement over the past two days. These movements often align with whale activity on Exchanges. Whales remain a significant influence on the market and frequently use Binance as their primary exchange.

Thereby, it’s worth watching the Whale to Binance Flow. On September 22, inflows from whales to Binance reached $120 million during the sell-off, followed by an additional $52 million early on September 23 (around 05:00). These transfers indicate that whales continue to move large amounts of Bitcoin into Binance, likely to execute on the market.

This is the second-largest inflow to Binance in the past month, around the recent high of $116k.