Bitcoin Whale Panic Eases: Significant Sell Pressure on Binance Diminishes

As Bitcoin's supply signals shift, a notable trend emerges: large transfers into Binance have declined significantly since the panic seen in late November. This indicates that big holders are not selling their holdings with the same intensity as before.

Key Takeaways

Bitcoin whale transactions have decreased significantly, indicating less selling pressure.
Whales have shifted their strategies and are not selling aggressively, opting for a wait-and-see approach.
Institutional demand for Bitcoin remains robust, with substantial ongoing accumulation.
Current Bitcoin trading price is approximately $90,885.

Bitcoin Whale Panic Eases: Significant Sell Pressure on Binance Diminishes

Diminished Selling Pressure From Bitcoin Whales

According to CryptoQuant contributor Darkfost, there's been a "clear decline in whale transactions," particularly with BTC inflows to exchanges. This suggests that large holders are moving considerably less BTC to trading platforms than they did previously.

The analysis highlighted Binance inflows categorized by transaction size, tracking movements from 100 BTC to transfers exceeding 10,000 BTC. Such inflows are often interpreted as a signal for potential selling when they reach an exchange.

Darkfost noted the swift shift in whale behavior during the market's downturn in late 2025. He mentioned that December proved to be particularly difficult, even for these large investors. Typically, whales are "more cautious" and less reactive to market fluctuations compared to retail investors, and they tend to act with "greater discipline and patience."

However, that discipline seemed to wane as Bitcoin fell from its recent peak of about $126,000. Darkfost observed a spike in whale inflows to Binance at the end of November as BTC "continued its correction," with the "average monthly total" nearing "nearly $8 billion" during a period when BTC dropped below $90,000.

"This phase clearly triggered a panic-driven move," the analysis stated. "Transactions between 100 and 10,000 BTC surged, particularly as prices fell below the $85,000 mark. This behavior reflects real stress among certain whales, leading them to sell quickly to mitigate losses, thus increasing the selling pressure within the market."

The key point is what has changed since this influx. "Today, the situation looks very different," Darkfost explained, as Binance inflows have "dropped by two-thirds to approximately $2.74 billion," with daily activities becoming "far less frequent" compared to the late-November surge.

This decrease is seen as a behavioral shift rather than a one-off occurrence. "This change in dynamics indicates that whales are adjusting their strategies,” Darkfost stated. “They are no longer selling aggressively and seem to be opting to wait.”

Bitcoin Whale to Exchange Flows | Source: X @Darkfost_Coc

Strong Institutional Demand Persists

While Darkfost concentrated on whale-driven inflows as a measure of possible sell pressure, CryptoQuant CEO Ki Young Ju highlighted another aspect: institutional demand.

Ki noted in a post, “Institutional demand for Bitcoin remains strong.” He referenced U.S. custody wallets typically holding between 100–1,000 BTC each. Excluding exchanges and miners, this data provides an approximate gauge of institutional demand, including ETF holdings.

He further mentioned that "577K BTC ($53B) has been added over the past year and is still flowing in," viewing this trend as continuous rather than a concluded wave.

Bitcoin Balance: 100-1,000 BTC | Source: X @ki_young_ju

At the time of reporting, Bitcoin was trading at $90,885.

Bitcoin price chart
Bitcoin is back below the 0.618 Fib, 1-week chart | Source: BTCUSDT on TradingView.com