Quick Highlights Binance deposits surged 17x, driven by whales in 2025 Market consolidation shows a slower but steady uptrend September rate cut & ETF approvals may fuel the next rally Binance Whales Take Over: Deposits Surge 17× in 2025 CryptoQuant analysts report a major shift in Binance’s user base. The average deposit size has skyrocketed to 13.5 BTC, compared to just 0.8 BTC at the start of 2024 — a nearly seventeen-fold increase signaling whale dominance. Analysts say this trend is expected: Binance remains the global leader in trading volumes and provides the liquidity big players need. CryptoQuant insight: The 7-day average deposit (Mean, MA7) hitting a record-high of 13.5 BTC underscores that the exchange is now overwhelmingly favored by whales over retail investors. Market Consolidation: A Different Cycle Unfolds Experts note the current crypto market is in a long-term consolidation phase. Unlike in previous cycles, the upward trend is developing more slowly. Key drivers include: Entry into spot ETF markets Growing institutional and governmental Bitcoin adoption Capital shift from Bitcoin to altcoins Further CryptoQuant data shows that monthly Bitcoin inflows to Binance have plummeted—recent levels (~5,700 BTC) are under half the 2020 average (~12,000 BTC, signaling a deliberate hold strategy and reduced near-term sell pressure. Prior peaks in whale inflows coincided with local tops, like surges above 17,000 BTC during August’s dip to $69K, and over 20,000 BTC when BTC crossed six figures in March. Triggers for the Next Rally Analysts highlight two upcoming catalysts: a U.S. rate cut in September and the potential approval of altcoin spot ETFs in October. These developments could spark a new rally, with the second half of 2025 likely to extend the bullish trend after consolidation.
