03-12-2025, 03:25 PM
Bitcoin whales hint at $80K ‘market rebound’ as Binance inflows cool
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDEvMDE5NDQ4MWQtYTYyYi03YzhjLTllNmYtYjI3MGQ2Y2QwNDIy.jpg"></p><p><p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDEvMDE5NDQ4MWQtYTYyYi03YzhjLTllNmYtYjI3MGQ2Y2QwNDIy.jpg" alt="Bitcoin whales hint at $80K ‘market rebound’ as Binance inflows cool"></p><p>Bitcoin whales are back buying BTC while “panic” is keeping smaller investors away, according to new research.<p>Data from onchain analytics platform <a data-ct-non-breakable="null" href="https://cryptoquant.com/asset/btc/chart/flow-indicator/exchange-whale-ratio?exchange=binance&window=DAY&ema=30_100&priceScale=log&metricScale=linear&chartStyle=column&sma=0" rel="null" target="null" text="null" title="null">CryptoQuant</a> shows sell-side pressure from Binance whales cooling.</p><h2>Bitcoin whales reset market approach</h2><p>Bitcoin (<a data-ct-non-breakable="null" href="https://cointelegraph.com/bitcoin-price" rel="null" target="null" text="null" title="https://cointelegraph.com/bitcoin-price">BTC</a>) at $80,000 is proving attractive for large-volume investors, or at least a poor value selling proposition for those wishing to exit the market.</p><p>In a “<a data-ct-non-breakable="null" href="https://cryptoquant.com/insights/quicktake/67d0a764db113415287feeb5-Is-Binances-whale-selling-pressure-ending" rel="null" target="null" text="null" title="null">Quicktake</a>” blog post on March 12, CryptoQuant contributor Darkfost revealed that the proportion of the top 10 largest inflows to Binance attributed to whales has declined.</p><p>“Monitoring whale behavior has consistently provided valuable insights into potential market movements,” they summarized. </p><blockquote>“Given that Binance handles the highest volumes, analyzing the Bitcoin exchange whale ratio on Binance provides a good insight into broader whale activity.”</blockquote><figure><img alt="Bitcoin whales hint at $80K ‘market rebound’ as Binance inflows cool" src="https://s3.cointelegraph.com/uploads/2025-03/0195898e-a7a1-7fc8-9f51-33851c015873" title=""><figcaption style="text-align: center;"><p><em>Bitcoin exchange whale ratio (Binance). Source: CryptoQuant</em></p></figcaption></figure><p>The exchange’s whale ratio has, in fact, exhibited a broad downtrend since mid-January when BTC/USD hit its <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-traders-refuse-to-yolo-after-btc-nearly-hits-110-k-why-are-they-waiting" rel="null" target="null" text="null" title="null">latest all-time highs</a>.</p><p>“Currently, this ratio is declining, implying that Binance’s whales are reducing their selling pressure,” the post continued. </p><blockquote>“Historically, an increasing ratio has been associated with short-term price corrections or consolidation phases, while a decreasing ratio has often preceded bullish trends. If this trend of diminishing selling pressure continues, it could help end the current correction and potentially signal a market rebound.”</blockquote><p>As <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/biggest-red-weekly-candle-ever-5-things-bitcoin-this-week" rel="null" target="null" text="null" title="null">Cointelegraph reported</a>, both whales and larger entities holding at least 10 BTC have begun to accumulate coins this month, albeit at modest rates.</p><h2>Prospective BTC buyers “hesitant” at $80,000</h2><p>Overall appetite for BTC exposure nonetheless remains suppressed.</p><p><em><strong>Related: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-march-25-blast-off-date-us-dollar-4-month-low" rel="null" target="null" text="null" title="null"><em><strong>Bitcoin gets March 25 ‘blast-off date' as US dollar hits 4-month low</strong></em></a></p><p>In the latest edition of its regular newsletter, “<a data-ct-non-breakable="null" href="https://insights.glassnode.com/week-onchain-week-10-2025/" rel="null" target="null" text="null" title="null">The Week Onchain</a>,” analytics firm Glassnode pointed to lackluster demand at current prices.</p><p>It referenced capital flows by short-term holders (STHs) — <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-speculators-sent-7b-to-exchanges-at-loss-in-btc-price-crash" rel="null" target="null" text="null" title="null">speculative entities</a> holding coins for up to six months. Within this cohort, buyers holding between one week and one month now have a lower cost basis than those holding for between one and three months.</p><p>“With Bitcoin prices dropping below $95k, this model also confirmed a transition into net capital outflows, as the 1w–1m cost basis fell below the 1m–3m cost basis,” the researchers explained. </p><blockquote>“This reversal indicates that macro uncertainty has spooked demand, reducing new inflows and arguably increasing the probability of further sell pressure and a prolonged correction. This transition suggests that new buyers are now hesitant to absorb sell-side pressure, reinforcing the shift from post-ATH euphoria into a more cautious market environment.”</blockquote><figure><img alt="Bitcoin whales hint at $80K ‘market rebound’ as Binance inflows cool" src="https://s3.cointelegraph.com/uploads/2025-03/0195898f-4cd2-70c9-b8a7-326317527c19" title=""><figcaption style="text-align: center;"><p><em>Bitcoin STH capital inflows (screenshot). Source: Glassnode</em></p></figcaption></figure><p class="post-content__disclaimer" type="">This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.</p><template data-name="subscription_form" data-type="markets_outlook" label="Subscription Form: Markets Outlook"></template></p>
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https://cointelegraph.com/news/bitcoin-w...er_inbound
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDEvMDE5NDQ4MWQtYTYyYi03YzhjLTllNmYtYjI3MGQ2Y2QwNDIy.jpg"></p><p><p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDEvMDE5NDQ4MWQtYTYyYi03YzhjLTllNmYtYjI3MGQ2Y2QwNDIy.jpg" alt="Bitcoin whales hint at $80K ‘market rebound’ as Binance inflows cool"></p><p>Bitcoin whales are back buying BTC while “panic” is keeping smaller investors away, according to new research.<p>Data from onchain analytics platform <a data-ct-non-breakable="null" href="https://cryptoquant.com/asset/btc/chart/flow-indicator/exchange-whale-ratio?exchange=binance&window=DAY&ema=30_100&priceScale=log&metricScale=linear&chartStyle=column&sma=0" rel="null" target="null" text="null" title="null">CryptoQuant</a> shows sell-side pressure from Binance whales cooling.</p><h2>Bitcoin whales reset market approach</h2><p>Bitcoin (<a data-ct-non-breakable="null" href="https://cointelegraph.com/bitcoin-price" rel="null" target="null" text="null" title="https://cointelegraph.com/bitcoin-price">BTC</a>) at $80,000 is proving attractive for large-volume investors, or at least a poor value selling proposition for those wishing to exit the market.</p><p>In a “<a data-ct-non-breakable="null" href="https://cryptoquant.com/insights/quicktake/67d0a764db113415287feeb5-Is-Binances-whale-selling-pressure-ending" rel="null" target="null" text="null" title="null">Quicktake</a>” blog post on March 12, CryptoQuant contributor Darkfost revealed that the proportion of the top 10 largest inflows to Binance attributed to whales has declined.</p><p>“Monitoring whale behavior has consistently provided valuable insights into potential market movements,” they summarized. </p><blockquote>“Given that Binance handles the highest volumes, analyzing the Bitcoin exchange whale ratio on Binance provides a good insight into broader whale activity.”</blockquote><figure><img alt="Bitcoin whales hint at $80K ‘market rebound’ as Binance inflows cool" src="https://s3.cointelegraph.com/uploads/2025-03/0195898e-a7a1-7fc8-9f51-33851c015873" title=""><figcaption style="text-align: center;"><p><em>Bitcoin exchange whale ratio (Binance). Source: CryptoQuant</em></p></figcaption></figure><p>The exchange’s whale ratio has, in fact, exhibited a broad downtrend since mid-January when BTC/USD hit its <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-traders-refuse-to-yolo-after-btc-nearly-hits-110-k-why-are-they-waiting" rel="null" target="null" text="null" title="null">latest all-time highs</a>.</p><p>“Currently, this ratio is declining, implying that Binance’s whales are reducing their selling pressure,” the post continued. </p><blockquote>“Historically, an increasing ratio has been associated with short-term price corrections or consolidation phases, while a decreasing ratio has often preceded bullish trends. If this trend of diminishing selling pressure continues, it could help end the current correction and potentially signal a market rebound.”</blockquote><p>As <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/biggest-red-weekly-candle-ever-5-things-bitcoin-this-week" rel="null" target="null" text="null" title="null">Cointelegraph reported</a>, both whales and larger entities holding at least 10 BTC have begun to accumulate coins this month, albeit at modest rates.</p><h2>Prospective BTC buyers “hesitant” at $80,000</h2><p>Overall appetite for BTC exposure nonetheless remains suppressed.</p><p><em><strong>Related: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-march-25-blast-off-date-us-dollar-4-month-low" rel="null" target="null" text="null" title="null"><em><strong>Bitcoin gets March 25 ‘blast-off date' as US dollar hits 4-month low</strong></em></a></p><p>In the latest edition of its regular newsletter, “<a data-ct-non-breakable="null" href="https://insights.glassnode.com/week-onchain-week-10-2025/" rel="null" target="null" text="null" title="null">The Week Onchain</a>,” analytics firm Glassnode pointed to lackluster demand at current prices.</p><p>It referenced capital flows by short-term holders (STHs) — <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitcoin-speculators-sent-7b-to-exchanges-at-loss-in-btc-price-crash" rel="null" target="null" text="null" title="null">speculative entities</a> holding coins for up to six months. Within this cohort, buyers holding between one week and one month now have a lower cost basis than those holding for between one and three months.</p><p>“With Bitcoin prices dropping below $95k, this model also confirmed a transition into net capital outflows, as the 1w–1m cost basis fell below the 1m–3m cost basis,” the researchers explained. </p><blockquote>“This reversal indicates that macro uncertainty has spooked demand, reducing new inflows and arguably increasing the probability of further sell pressure and a prolonged correction. This transition suggests that new buyers are now hesitant to absorb sell-side pressure, reinforcing the shift from post-ATH euphoria into a more cautious market environment.”</blockquote><figure><img alt="Bitcoin whales hint at $80K ‘market rebound’ as Binance inflows cool" src="https://s3.cointelegraph.com/uploads/2025-03/0195898f-4cd2-70c9-b8a7-326317527c19" title=""><figcaption style="text-align: center;"><p><em>Bitcoin STH capital inflows (screenshot). Source: Glassnode</em></p></figcaption></figure><p class="post-content__disclaimer" type="">This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.</p><template data-name="subscription_form" data-type="markets_outlook" label="Subscription Form: Markets Outlook"></template></p>
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https://cointelegraph.com/news/bitcoin-w...er_inbound