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Analysis: Whale Activity Depositing Bitcoin Worth Around $7.5 Billion to Binance Exchange Over Past Month Indicates Selling Pressure Persists

Analysis: Whale Activity Depositing Bitcoin Worth Around $7.5 Billion to Binance Exchange Over Past Month Indicates Selling Pressure Persists

BlockBeats News, November 28th, according to CryptoQuant data, whale clusters have deposited around $7.5 billion worth of Bitcoin into Binance in over 30 days, marking the first occurrence since March 2025 when BTC dropped from $102,000 to $70,000.

Analysis indicates that the influx of funds suggests whales are preparing for market volatility, and selling pressure has not yet subsided.

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