Bitcoin Supply Shock Brewing? Whales Step Back As Long-Term Holders Absorb $49B

The current price range of Bitcoin may not relay much, but a change in ownership structure is taking place under the surface.  Related Reading: Forget XRP Forecasts: The ‘Delusional’ Crowd Could Have The Last Laugh On-chain data from CryptoQuant shows that one cohort of market participants is stepping back from exchange activity at a pace not seen in nearly a year, while another is quietly rebuilding at a scale that demands attention.  Whale Inflows On Binance Fall To Multi-Month Lows The 30-day sum of whale inflows to Binance has fallen massively in recent days, falling to $2.96 billion as of the latest CryptoQuant data, the first reading below $3 billion since June 2025.  The drop in exchange inflow is a departure from the elevated inflow levels that characterized ...