United for Profits
  • Personal Finance
  • Cryptocurrency
  • Strategy
  • Business
  • Retirement
  • Personal Finance
  • Cryptocurrency
  • Strategy
  • Business
  • Retirement
No Result
View All Result
United for Profits
No Result
View All Result
Home Cryptocurrency

Massive Whale Activity Detected on Binance as Bitcoin Tests New Highs

by
May 27, 2025
in Cryptocurrency
0
Massive Whale Activity Detected on Binance as Bitcoin Tests New Highs

Bitcoin’s momentum, which pushed the asset to a fresh all-time high of over $111,000 earlier this week, appears to have paused slightly heading into the weekend. As of the time of writing, BTC is trading at $108,499, marking a 2.5% decline over the past 24 hours.

Despite this short-term retracement, the overall market trend remains positive. Bitcoin has held most of its recent gains and remains just below its record peak set yesterday. The recent price action has coincided with an increase in on-chain signals, suggesting that large players are returning to the market.

Notably, analysts are closely monitoring activity from major crypto exchanges like Binance, which have historically played a significant role in price discovery and market direction.

Bitcoin Whale Activity on Binance Sparks Volatility Watch

A recent analysis by CryptoQuant contributor Crazzyblockk highlighted a surge in whale activity on Binance. In his QuickTake post titled “Binance Whale Activity Spikes —  Eyes on the Market,” the analyst pointed out that the Binance Whale Activity Score has seen a sharp rise.

This metric, which measures inflow and outflow behavior of the top 10 whale wallets on Binance, indicates that large holders are actively repositioning. These movements can be early indicators of upcoming volatility and directional shifts in the market.

The analyst explained that inflow spikes from whales may point to potential distribution or strategic selling, while outflow surges often signal accumulation or redeployment of capital to other platforms.

The significance of these whale movements lies in their historical tendency to precede major price developments. According to Crazzyblockk, Binance remains a central venue for price formation, making it critical to observe whale patterns there. He concluded that these inflow-outflow fluctuations could introduce higher liquidity and possibly increased volatility in the short term.

Spot Market Data Points to Renewed Buyer Interest

Complementing these observations is a report from another CryptoQuant analyst, Ibrahimcosar, who identified a positive shift in spot market behavior. According to the analyst, the Spot Taker CVD (Cumulative Volume Delta) over the past 90 days has turned green again.

This metric reflects the difference between taker buy and taker sell volumes and serves as a proxy for real-time demand. A green phase indicates that market buy orders have become dominant, suggesting that buyers are regaining control.

The analyst noted that in previous months, the same chart showed mostly red values, indicating a prevalence of sell orders and downward price pressure. The recent transition back into green territory may suggest the emergence of new demand as Bitcoin challenges its previous highs.

With price levels remaining elevated, the presence of buying pressure is interpreted as a potentially bullish signal. While cautious sentiment remains, these dynamics hint at the possibility of further upward movement if momentum continues to build in the days ahead.

Featured image created with DALL-E, Chart from TradingView

Previous Post

Bitcoin Eyeing $112,000 After Bullish Double Bottom Breakout, Analyst Says

Next Post

Dogecoin Breakout Incoming? $3 Target On The Horizon—Analyst

Next Post
Dogecoin Breakout Incoming? $3 Target On The Horizon—Analyst

Dogecoin Breakout Incoming? $3 Target On The Horizon—Analyst

Exchange Rate

Exchange Rate USD: Sun, 1 Jun.

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms & Conditions
    • Email Whitelisting

    Copyright © 2025 unitedforprofits.com All Rights Reserved.

    No Result
    View All Result
    • Personal Finance
    • Cryptocurrency
    • Strategy
    • Business
    • Retirement

    Copyright © 2025 unitedforprofits.com All Rights Reserved.