🐋📊 Whales vs Retail — Divergence of #BTC Flows on Binance!
Since the beginning of April, the price of Bitcoin has risen, but whale behavior indicates a different story:
• Whale flows (over 30 days) decreased from ~5 billion dollars to ~3 billion
• Retail trader flows increased from ~12 billion to ~15 billion
While retail traders are rushing to buy, whales are slowing down their activity on the platforms, which may indicate an intention to hold rather than sell.
Although flows are still below previous peak levels (20-27 billion dollars), we have not yet entered the “buying frenzy” phase.