Whales Send $2.4B in BTC and ETH to Binance While Buyers Stay Silent

Whales moved $2.4B in BTC and ETH to Binance as buying stayed muted, raising concerns over near-term selling pressure up

Fridah Kangai
January 6, 2026
11:52 am

Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.

Crypto whales send to Binance as Bitcoin Ether demand fades
Exchange inflows rise sharply while stablecoin activity shows little buying
Large Bitcoin deposits increase as accumulation weakens across major holders

Large crypto holders shifted heavy volumes of digital assets onto Binance this week, drawing sharp attention from market watchers. There was a decreased response to buying demand, which made the transfers notable.

As CryptoOnchain states, based on CryptoQuant, approximately $2.4 billion of Bitcoin and Ether was deposited in Binance by whale wallets. The deposits were divided nearly equally between the two assets. Binance registered net inflows of $1.33B on Bitcoin and $1.07B on Ether. This was the highest net inflow in the exchange in a month, indicating greater activity among whales.

Purchasing pressure, however, could not keep up with the growth of deposits. CryptoOnchain reported that the net flows of stablecoins were relatively stable at $42 million each week.

The majority of movements in stablecoins involved transfers between the Ethereum blockchain and the Tron blockchain. In turn, according to analysts, new capital entering the market was still limited.

Massive withdrawals made by private wallets into exchanges can be an indication of preparation to sell. In other instances, the traders can hold assets under derivatives-related strategies.

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Accumulation slows as whale deposits grow.

At the same time, CryptoOnchain sounded another alarm, indicating a decrease in accumulation behavior. CryptoQuant revealed that since October, Bitcoin accumulation has not increased. Additionally, the mean size of Bitcoin deposits to Binance increased significantly. Regular transfers rose from 8 to 10 Bitcoin to 22 to 26 Bitcoin.

This shift implies that whales transferred significantly bigger positions to the exchange. Additionally, it is a defensive behavior in times of market uncertainty. Simultaneously, there was a significant change in Binance outflows. The mean withdrawal transaction size reduced drastically.

The Exchange Outflow Mean varied between 5.5 and 8.3 Bitcoin; therefore, the amount of large withdrawals transferred into cold storage wallets decreased.

Price holds steady as market digests exchange flows

Bitcoin prices were not very stable, even with the red flags the asset increased 1.3 percent on the previous day before closing at $92,600, almost $93,170 as per CoinMarketCap data. The holiday slowdown melted away, and a greater amount of trading activity commenced. Nonetheless, the lack of balance between massive deposits and dim purchases still influenced sentiment.

Market players are keenly watching demand to see if it improves in the following session. Sustained inflows without stronger buying could maintain pressure on near-term price momentum.

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