Whale have significantly reduced their Bitcoin transfers to Binance, with small investors accounting for nearly 80% of the total.

According to data from CryptoQuant, as reported by Mars Finance, since the beginning of 2026, whale have transferred approximately 15,800 BTC to Binance, significantly lower than the 37,133 BTC transferred in December of last year, representing only 42.5% of the latter. During this period, Binance's total Bitcoin inflow was approximately 75,800 BTC, with whale transfers accounting for about 20.85%, a historically average level, indicating that most transfers originated from smaller investors. Daily whale transfers have not exceeded 2,200 BTC, and no significant deposit peaks have been observed. Analysts believe that with Bitcoin prices hovering around $90,000 since the beginning of the year and recently rising to approximately $96,000, the reduced whale deposits may reflect greater confidence in current price levels or an expectation of future price increases, rather than a large-scale sell-off as seen at the end of last year.