CryptoQuant data shows that the Medium amount of Bitcoin deposited per transaction on Binance has increased to approximately 29.7 BTC in recent months, nearly 34 times higher than at the beginning of 2021, reflecting increased activity from large wallets (whales) on the exchange.
The increase in this index suggests that institutional or large Capital Capital are accelerating the listing of Bitcoin on exchanges, thereby highlighting the trend of large-scale investor activity concentrating on Binance.
- Binance has recorded an Medium of approximately 29.7 BTC deposited per transaction in recent months.
- This figure is nearly 34 times higher than it was at the beginning of 2021.
- Whale activity signals and a surge in large Capital inflows into the exchange.
Medium inflow per transaction on Binance has increased sharply.
CryptoQuant notes that the Medium Bitcoin inflow per transaction on Binance has reached approximately 29.7 BTC in recent months.
This is a measure of the Medium amount of Bitcoin per deposit transaction, used to observe the size of inflow transactions rather than just looking at the total inflow. The 29.7 BTC level indicates that deposit transactions are significantly larger than in the previous period.
Compared to the beginning of 2021, this index has increased nearly 34 times, indicating that the structure of participants depositing Bitcoin onto Binance is increasingly skewed towards large-scale holders or institutional Capital flows.
Implication: Whale activity and large Capital are accelerating the listing of Bitcoin on exchanges.
The rising index reflects increased whale activity on Binance and suggests that large Capital is accelerating the transfer of Bitcoin to the exchange.
Since the metric is the Medium of each deposit transaction, a sharp increase is often accompanied by a more frequent appearance of large inflow transactions. This could indicate that institutions or large investors are actively bringing Bitcoin into Binance to meet trading needs or restructure their positions.
According to a January 5th report based on CryptoQuant data, this trend underscores Binance's Vai as a major destination for large-scale Bitcoin deposit transactions in recent months.
