#稳定币日常支付 Cryptoquant Analyst Darkfost pointed out in a post yesterday (14th) that based on his observations of data from the Binance exchange, there is a significant difference in trading behavior between whales and retail investors in the current Bitcoin (BTC) market. Darkfost indicated that whales are more inclined to continue holding Bitcoin rather than selling, which may provide potential support for a future price increase in Bitcoin.

Darkfost: Whale behavior is usually more prudent

Darkfost conducted a detailed analysis of the capital flow data from the Binance exchange, noting that since Bitcoin resumed its upward trend in April, the inflow of Bitcoin deposits from whales to Binance has been continuously declining. For example, on April 12, the cumulative inflow of funds from whales over 30 days was nearly $5 billion, but by May 14, this figure had dropped to about $3 billion, indicating that whales are more inclined to hold rather than sell.

In contrast, the inflow of funds from retail investors during the same period increased from nearly $12 billion to $15 billion, showing an uptick in retail participation. However, Darkfost emphasized that the current level of retail inflow is still far below the historical highs (ATH) recorded at $20 billion and $27 billion.