Binance Whales Show Strength Amid Market Chaos as Bitcoin Hits $84K
Trump’s troubling tariff drama turned the crypto market upside down until he gave a moment of breath to crypto assets by pausing the tariffs for 90 days. Bitcoin reacted quickly and surged to $84K. Others gained, too, but overall,
the market is in bad shape. As the crypto market navigates macroeconomic uncertainty, all eyes are on the whales, especially those active on Binance..
Large investors, often referred to as “whales,” can greatly influence market momentum. So, how are these major players reacting during this global economic crisis? According to new insights from CryptoQuant analyst Darkfost, Binance whales are showing surprising restraint and patience.
How are Binance whales reacting to market uncertainty?“It appears that Binance whales are not panicking. On the contrary, both the Exchange Whale Ratio and whale inflows on Binance are decreasing.” – By @Darkfost_CocRead more ⤵️ — CryptoQuant.com (@cryptoquant_com) April 14, 2025
🔸 Whale Ratio Signals Confidence
The analyst mentioned that the first metric under the spotlight is the Exchange Whale Ratio on Binance, which measures the proportion of the top 10 inflows compared to total inflows on the exchange. It’s a key tool for assessing whether whales are actively moving their Bitcoin to exchanges, often a precursor to selling.
Interestingly, the 365-day moving average of this ratio is steadily increasing. This shows that over the long term, whale activity on Binance remains strong, reinforcing that they’ve played a big part in the recent bullish trend. However, the 30-day moving average tells a different story, as it has dropped back to levels last seen in September and October 2024. This suggests that in the short term, whales are not increasing selling pressure and might be stepping back or choosing to hold their positions.
