Binance Whales Reluctant About Bitcoin: Here’s What They Are Waiting For!
Binance whales are showing reluctance to sell Bitcoin (BTC) despite high market volatility, expecting prices to rise even further.
According to data shared by a CryptoQuant analyst, the "whale ratio" indicator revealed a significant increase in the activities of whales on Binance. After dropping to a low level of 0.08 in the summer of 2023, this ratio showed a rapid increase in the following period, reaching levels of 0.77 and 0.76 in 2024 and 2025, respectively. Thus, whale activity recorded an approximately 863% increase. As of today, this ratio has shown a 400% increase compared to the summer of 2023.
During the high market fluctuations in 2025, the general attitude of Binance users was to hold onto their assets rather than liquidate them. This situation became particularly evident as the inflows of Bitcoin from whales and individual investors to Binance cyclically fell to their lowest levels. According to the analyst, the avoidance of Bitcoin sales by whales and other investors supports the positive expectations in the market and the strong forecasts for rising prices.
The hesitant attitude of whales regarding sales is a clear sign that they expect the price of Bitcoin to reach higher levels. The CryptoQuant analyst expresses that the patient stance of major investors holds sufficient potential for new peaks in Bitcoin in the near term. According to the analysis, whales aim to maximize profits when market conditions become more favorable.