Darkcast: Binance Whale Inflow Rate Reaches 4-Month High

CryptoQuant analyst Darkfost stated that the Whale Inflow Ratio of Binance has risen to 0.52, reaching a 4-month high. Bitcoin fluctuated within the range of $60000 to $65000, and the number of BTC sent by Whale to Binance exceeded that of other participants, increasing the selling pressure on Bitcoin. Darkfost pointed out that historically, the surge in this ratio has been accompanied by panic and surrender style selling. Considering the current low volatility environment, the indicator will return to normal after the stage.