Fresh on-chain data from CryptoQuant reveals a coordinated wave of bullish whale activity on Binance, pointing toward growing investor conviction in Bitcoin’s upside potential.
Nearly 4,500 BTC Exit Binance in Single Event
On June 16, Binance recorded an enormous 4,500 BTC withdrawal, signaling what analysts often interpret as cold storage accumulation. Historically, such outflows reduce the available supply on exchanges—cutting sell pressure and laying the groundwork for upside volatility
This movement also aligns with the broader uptrend in BTC’s price, reinforcing market expectations for a bullish continuation.
$400M+ Stablecoin Inflows Point to Buy-Side Pressure
In the days prior to the BTC outflow, two major stablecoin deposits landed on Binance—both exceeding $400 million—on June 13 and June 15. These back-to-back events represent some of the largest stablecoin inflows in recent months.
According to CryptoQuant’s report, such inflows typically serve as buy-side liquidity prep, with whales and institutional players signaling intent to re-enter or expand positions in crypto markets—particularly Bitcoin.
