Whales are moving 👀
As $BTC extends its correction (now around $67.8K), on-chain data shows a sharp spike in large inflows to Binance.
📊 Whale inflow ratio jumped from 0.40 → 0.62 (Feb 2–15)
That means a bigger share of BTC entering Binance is coming from the top 10 largest transactions. Historically, rising whale inflows to exchanges can signal potential sell-side pressure — especially during risk-off phases.
There are also reports that a major wallet (nicknamed “Hyperunit whale”) moved nearly 10,000 BTC onto Binance recently.
At the same time, derivatives are clearly unwinding:
• Open interest has been dropping across major exchanges
• Binance OI down sharply since the October peak
• Bybit, BitMEX and others also showing heavy contraction
This points to broad de-risking — traders closing positions, reducing leverage, or getting liquidated amid volatility.
🔎 Big picture:
Spot inflows from whales + falling open interest = a market still in risk-reduction mode. Hard to call a sustainable bounce until leverage resets and exchange inflows cool down.
Stay sharp. Volatility isn’t done yet.
