WikiBit 2025-12-06 06:00Three Binance exchange onchain metrics showed rising sell pressure and volatile liquidity conditions, indicating that BTCs next major move may be approaching.
Data from Binance points to shifting liquidity patterns and unique trader positioning that could influence the direction of Bitcoins next price move.
Bitcoin‘s (BTC) short-term trend may hinge on developments unfolding inside Binance’s order flow and onchain activity. Three Binance-linked metrics indicated rising sell-side pressure, shifting liquidity behavior, and a market preparing for volatility, factors that could determine whether BTC holds support or enters a deeper correction.
Key takeaways:
BTC Whale ratio rebound warns of distribution pressure
A sharp rise in the Exchange Whale Ratio, now at 0.47 across all exchanges, indicated that large holders are increasingly moving Bitcoin into trading platforms. This trend becomes more concerning on Binance, where the ratios 14-day exponential moving average (EMA) has climbed to 0.427, the highest level since April.
Bitcoin exchange Whale ratio on Binance. Source: CryptoQuant
Whale deposits tend to precede distribution phases, as large entities prefer Binances liquidity for offloading size. With BTC struggling to extend above $93,000, this shift implied growing resistance overhead. If the trend persists, the price is more likely to consolidate or retest support before attempting another breakout.
Yearly-high BTC inflows to Binance raise alarm
Onchain data showed the 30-day simple-moving average (SMA) of BTC inflows to Binance reached 8,915 on Nov. 28, closely matching its highest reading of 9,031 on March 3. Historically, similar inflow peaks, such as the one recorded in March, have been preceded by sharp downward moves.
Bitcoin exchange inflow (total) on Binance. Source: CryptoQuant
This surge suggested that holders are actively preparing to de-risk, or cycle out of Bitcoin following its rally. With the market attempting to secure a position above $96,000 resistance, Binances growing inventory acts as an immediate headwind. Until the excess supply is absorbed, an uptrend could be limited.
Related: Bitcoin unlikely to replicate Januarys surge to new high: 21Shares founder
USDT deposits rise: Are traders positioning for volatility?
Binance also recorded 946,000 USDT deposit transactions in seven days, far outpacing OKX (841,000) and Bybit (225,000). Rising stablecoin inflows generally indicate traders are preparing to act, either to buy dips aggressively or reposition during rapid moves.
USDT flows from different exchanges on Tron. Source: CryptoQuant
Given the current backdrop of whale selling and elevated BTC inflows, this surge is more likely a sign of traders setting up for reactive trading, not passive accumulation. In periods of uncertainty, stablecoin inflows often lead to heightened volatility and short-term range resets.
If BTC loses $90,000, this liquidity could accelerate the move lower. However, if the support holds up, it may fuel a sharp counter-trend bounce.
Related: Ether outpaces Bitcoins trend change: Is ETH on track for a 20% rally?
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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