Tracking how different categories of investors behave can sometimes provide valuable insights into overall market sentiment.
Right now, we're witnessing a clear divergence in behavior between whales and retail investors on Binance.
Since early April, as BTC resumed its upward trend, we’ve observed a continuous decline in BTC inflows from whales on Binance.
On April 12th, the 30-day cumulative inflows from whales reached nearly $5B, but today they stand at around $3B wich is signaling a growing inclination to hold rather than sell.
In contrast, over the same period, retail inflows have increased from nearly $12B to $15B.
However, it’s worth noting that these levels remain significantly lower than the $20B and $27B recorded during previous ATH.
Overall, total inflows across all investor categories remain much lower than what we've seen in peak market phases.
Historically, it's often been shown that following whale behavior tends to be a better strategy than following that of retail investors.
We’ll see if once again, the whales' decision proves to be the wiser one.
Written by Darkfost
