Binance Sees Surge in Whale Activity: Sign of Major Market Shift

Binance, once known as the go-to platform for individual crypto enthusiasts, has witnessed a remarkable shift in investor dynamics. Data from CryptoQuant indicates a significant increase in Binance whale activity, with Bitcoin (BTC) inflow per transaction soaring since the start of 2024. This surge suggests a growing confidence among large investors in the exchange’s liquidity and operational capabilities.