Whale Bitcoin Inflow Ratio on Binance Platform Surges in the Past Two Weeks, Potentially Linked to 'BTC OG Insider Whale' Activity

BlockBeats News, February 17th, according to CryptoQuant analyst Darkfost, data shows that the whale Bitcoin inflow ratio on the Binance platform surged from 0.4 on February 2nd to 0.62 on the 15th, reflecting an increase in the share of large holders' Bitcoin deposits, potentially intensifying market selling pressure.

Darkfost's analysis pointed out that some of the fund inflows are related to the activity of the "BTC OG Insider Whale". On-chain data shows that the "BTC OG Insider Whale" has deposited approximately 10,000 BTC into Binance in the past two weeks. Darkfost stated that this phenomenon does not seem to be isolated, as some whales have already sent significant Bitcoin transactions to this CEX, not only because Binance has sufficient liquidity, but also because the uncertain market environment is prompting investors of all kinds to reassess their risk exposure and strategies.