On February 17, according to CryptoQuant analyst Darkfost, data showed that the whale Bitcoin inflow ratio on the Binance platform surged from 0.4 to 0.62 between February 2 and 15 , reflecting an increase in the share of Bitcoin deposits held by large holders , which may exacerbate market selling pressure.
Darkfost's analysis points out that some of the capital inflows are related to the activity of "BTC OG insider whale." On-chain information shows that whale have deposited approximately 10,000 BTC into Binance in the past two weeks. Darkfost states that this phenomenon does not appear to be an isolated incident, as some whale have sent large amounts of Bitcoin transactions to this centralized exchange. This is not only because Binance has ample liquidity, but also because the uncertain market environment has prompted various investors to reassess their risk exposure and strategies .
