Analysts from CryptoQuant reported that large holders made up 45% of the inflows, hinting at an increase in selling activity. A sustained rise in whale deposits raises the risk of further price declines for BTC.
With stablecoin reserves at Binance peaking at 51 billion USD, investors are showing a cautious strategy by moving capital into dollar-pegged assets. This change in behavior could lead to a prolonged period of price volatility in the crypto market.
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