The sharp declines in the cryptocurrency market in recent days continue to attract the attention of investors. While many altcoins, especially Bitcoin (BTC) and Ethereum (ETH), have suffered significant losses in value, large whale transfers to Binance have attracted attention.
According to data from analyst CryptoQuant, whales sent a total of $120 million worth of cryptocurrency to Binance during the sell-off on September 22. Immediately following this massive transfer, an additional inflow of $52 million was recorded on the morning of September 23 (around 05:00 BST). The two transactions totaled $172 million, and these transfers are seen as an important signal reinforcing the whales' intention to sell on the market.
This massive inflow is the second largest recorded on Binance in the last month. Interestingly, these transactions coincided with the Bitcoin price testing the $116,000 level. Market players are keeping a close eye on whether the whales' moves will lead to deeper declines.
The whales' large transactions often increase market volatility and play a decisive role in investors' search for short-term direction. Therefore, whale inflows to Binance remain a critical indicator for both professional and retail investors.
⚖️ Yasal Uyarı:Bu içerik yatırım tavsiyesi niteliği taşımaz. Yatırımlarınızla ilgili kararlarınızı kendi araştırmalarınız ve risk profilinize göre almanız önerilir.
Bitcoin, Ethereum, altcoin, altcoin, price analysis, crypto market, support resistance, BTC fall bullish
İlginizi Çekebilir
.png)