Binance Now Bitcoin Whale Hub: Mean Inflow Jumped Almost 10x In 2024

On-chain data shows the average Bitcoin inflow to Binance has seen rapid growth over 2024, implying whales have been using the exchange more. Bitcoin Mean Exchange Inflow To Binance Has Shot Up Over The Past Year As CryptoQuant community analyst Maartunn explained in a new Quicktake post, Binance has seen a shift in its traffic over the past year. The on-chain metric of interest here is the “Exchange Inflow,” which keeps track of transactions going from self-custodial wallets to exchange-connected addresses. The traditional form of this indicator measures the total…

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