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Why Binance Dominates Whale Deposits During Crypto Market Dips: Report

  • Binance, Coinbase, and Kraken dominate Bitcoin whale deposits, especially during volatile market conditions.
  • On February 25, Binance received 11.3K BTC in whale deposits, surpassing Coinbase and Kraken.
  • Binance leads in XRP whale deposits, with daily inflows ranging from 0.2 to 6.9 billion XRP, influencing price shifts.
  • Stablecoin inflows on Binance boost liquidity and reflect trust from major investors, impacting market movements.

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