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Bitcoin Flows to Binance Increase, Long-Term Holders Sell 

  • A recent report by analyst Crazzyblockk and CryptoQuant shows a surge in Bitcoin inflows to Binance, driven by mid-sized holders like Fish and Sharks.
  • Fish, Sharks, and Crabs are active on Binance, indicating a reliance on the platform for trading and liquidity among retail and institutional investors.
  • Long-Term Holders (LTHs) are moving Bitcoin to Binance, likely realizing gains amidst market strength, potentially causing selling pressure.
  • Whales and Humpbacks are not actively contributing to the inflow activity, possibly waiting for higher prices or using OTC desks for liquidity, showing a mature market outlook.

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