Crypto Whales Drive 10% Inflows Amid Trade War Uncertainty
1min read Crypto whales have shown resilience in the face of recent market fluctuations, with a notable decrease in selling pressure. Over the past week, crypto assets experienced nearly 10% inflows, recovering from initial losses triggered by President Trump’s tariffs. This trend is evident in the bullish pattern observed in centralized exchange trader balances as macro tensions ease. However, analysts caution that the prolonged United States-China trade war could have lasting effects on the market.
On-chain data reveals that Bitcoin whales are maintaining a bullish stance despite current macro uncertainties. Last year, large Bitcoin holders increased their activities on Binance, making the exchange a key player in institutional data. The 365-day moving average for the Binance whale ratio is on the rise, indicating a sustained bull trend. Additionally, there has been a reduction in sell pressures from large addresses on Binance, which has mitigated retail outflows and set the stage for a potential complete rebound. Researchers from CryptoQuant suggest that these holders might be stabilizing and supporting the dataset.
According to CryptoQuant’s analysis, the greater the involvement of whales, the more significant their inflows become relative to total inflows. The 30-day moving average shows that in the short term, whale involvement is decreasing, and the ratio has returned to levels seen in September/October 2024. This suggests that the selling pressure from Binance whales is either decreasing or stabilizing. Within the past month, whale inflows to Binance dropped by over $3 billion, a decline similar to that observed in 2024. This decrease has led to a surge in positive sentiments, alleviating initial panic as the asset’s price declined to $84k. Typically, inflows to centralized exchanges indicate a high probability of selling, so a trend reversal points to long-term holdings.
In addition to the reduced exchange inflows, Bitcoin whales have made significant accumulations over the past seven days. This heightened activity has also boosted the wider market. Despite the decline in institutional volumes, which remain tied to macro markets, experts anticipate a rise in institutional demand to recover losses as optimism gradually returns. These investors are known for buying during market dips, leading to several growth projections. Last week, Bitcoin surged by 9.8%, while Ethereum and XRP rose by 9.9% and 20%, respectively, driven by institutional volume.
