Rising Whale Deposits Signal Mounting Sell Pressure on Bitcoin

[madtrader]

Bitcoin’s short-term direction may depend heavily on what’s happening inside Binance’s order flow. New data shows whales are moving more BTC onto exchanges, pushing the Exchange Whale Ratio to 0.47 across all platforms.
On Binance specifically, the 14-day EMA of the ratio has surged to 0.427 — its highest level since April. Historically, whale deposits signal distribution phases, as large holders use Binance’s deep liquidity to offload size.
With BTC failing to break decisively above $93,000, the uptick in whale activity suggests rising overhead resistance and a higher chance of consolidation or a support retest before another breakout attempt.

[Nahid Hossen]

When whales move funds to exchanges, sell pressure usually isn’t far behind.

[Abdul Khan]

When whales move funds to exchanges, sell pressure usually isn’t far behind.