CryptoQuant: Bitcoin whale inflows to Binance dropped by 50% in December.

According to an analysis by CryptoQuant, as reported by Odaily Planet Daily, Bitcoin whale inflows to Binance plummeted in December, dropping from approximately $7.88 billion to $3.86 billion, a decrease of 50%. Despite the overall downward trend, some large transactions still occurred, including a single whale inflow of $466 million. Analysts believe that reduced large deposits typically indicate less selling pressure, providing short-term market support. As the exchange with the largest inflows, Binance's whale activity is considered a key indicator of market sentiment.