Whales Move Crypto to Binance, but Buyers Are Missing: Analyst

Binance recently removed the FLOW/BTC trading pair from its platform after a $3.9 million exploit of the Flow blockchain. The exchange also added Flow's native token, FLOW, to its monitoring tag list, which includes assets with notably higher volatility and risk. Binance cited recent reviews of tokens but did not explicitly reference the exploit in its announcement.

The Flow Foundation is working to restore the blockchain's ecosystem following the incident. This includes user account restoration and fraudulent token remediation. The platform noted that the process was completed faster than initially anticipated.

Altcoins are currently trading above critical support levels, suggesting a potential rally. Market analyst Michaël van de Poppe noted that the Total3 market cap, which excludes Bitcoin and Ethereum, has held above $784 billion. This level marks a crucial support threshold for altcoins after a significant market correction in October according to market analysis.

Why Did This Happen?

The recent delisting of the FLOW/BTC pair by Binance follows a substantial exploit that saw $3.9 million in crypto stolen. Flow's blockchain was targeted, and hackers deposited the stolen tokens and converted them to Bitcoin before withdrawing funds. Some users speculated that the unnamed exchange involved in the exploit could have been Binance according to reports.

Binance added FLOW and three other tokens to its monitoring list due to increased volatility and risk. The exchange said tokens with this tag are at a higher risk of no longer meeting its listing standards according to exchange guidelines.

How Did Markets Respond?

Despite the challenges faced by FLOW and other tokens, the altcoin market appears to be stabilizing. The Total3 market cap is inching closer to the 365-day moving average, another key support level. The altcoin market cap currently stands at over $879 billion, a level not seen since October. This suggests that investors are cautiously optimistic about the potential for a new bull market cycle according to market analysis.

What Are Analysts Watching Next?

Market participants are paying close attention to stablecoin inflows, which dropped sharply in late 2025. Stablecoin inflows to exchanges fell from $136 billion to around $70 billion, signaling reduced liquidity and cautious trading behavior according to market data. Analysts note that this decline indicates fewer investors are bringing new capital into the market.

Bitcoin ETFs also saw significant outflows in late 2025, with a combined $4.57 billion in redemptions from November and December. This followed a 20% drop in Bitcoin's price during the same period according to market reports. Despite the outflows, some experts argue that the market is in equilibrium rather than panic mode.

Investors remain cautious as they await clearer signals before committing new funds. The focus is on how stablecoin flows evolve and whether they begin to indicate increased market activity. Analysts emphasize the importance of tracking monthly inflow trends to gauge potential shifts in market dynamics.