Bitcoin whale inflows to Binance drop as long-term holders buy $49B
Whales step back from exchanges, while long-term money accumulates Bitcoin. Derivatives show crowded shorts with deep negative funding.
Binance whale inflows (30-day sum) dropped to $2.96B, the first sub-$3B print since June 2025. In February–early March this sat above $6B and briefly hit $8B, signaling whales are no longer rushing to sell. CryptoQuant quicktake • CryptoQuant data
Long-term holders are absorbing supply. Their 30‑day realized cap change reached $49B on April 9, while short-term holders’ change fell to -$54B, the third >$50B 30‑day loss since early March. NewsBTC • CryptoQuant quicktake
Shorts are piling up. Funding rates were -0.0118% on Apr 10 and -0.0101% on Apr 11, staying negative since late March, while open interest rose from $21.87B (Apr 6) to $24.37B (Apr 10). This mix points to crowded shorts. NewsBTC • CryptoQuant quicktake
Spot supply tightens. Exchanges saw ~7,900 BTC net outflows across Apr 9–10, and 30‑day OTC desk balances turned negative, indicating off-exchange absorption. CryptoQuant quicktake • Bitcoinist
A squeeze setup is forming as leverage tilts bearish while spot supply leaves exchanges. NewsBTC • NewsBTC
- Binance whale inflows 30‑day sum 2.96B dollars, first sub‑3B since Jun 2025 source
- LTH 30‑day realized cap change up to 49B dollars on Apr 9 source
- STH 30‑day realized cap change at -54B dollars, third >50B loss since early Mar source
- Funding rate -0.0118% (Apr 10), -0.0101% (Apr 11), negative regime since late Mar source
- Open interest rose from 21.87B to 24.37B dollars Apr 6–10 source
- Exchange netflows ~7,900 BTC out Apr 9–10; OTC 30‑day balance change negative source
