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Bitcoin Whale Inflows to Binance Double, Hinting at Final Rally Setup

  • Bitcoin whale inflows to Binance doubled, pointing to a potential final rally setup, per a CryptoQuant report.
  • The surge in institutional-sized transfers suggests significant players gearing up for a possible price move.
  • Whales are active while retail inflows decline, indicating confidence in prices or hesitancy in a stagnant market.
  • Bitcoin has been range-bound for over a month, showing sideways movement and a lack of clear trend.
  • Historically, increased whale inflows have preceded BTC price surges but were followed by sell-offs targeting strength.
  • A short-term breakout could be indicated if price rises alongside growing whale inflows, albeit on shaky ground.
  • Sharp pullbacks have often occurred when whale inflows coincide with BTC price rises, signaling potential exhaustion.
  • Current Bitcoin scenario: Retail holders remain steady, whales possibly hedging or preparing to sell, a rally could follow but with caution.
  • CryptoQuant advises close monitoring, as a rally might be on the horizon, possibly the last before a liquidity reversal.

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