2 hours ago

Is Binance Whale Ratio Rising as BTC Falls?

Gold Bitcoin coin balancing on a seesaw between a red downward arrow and a white upward arrow.

The post Is Binance Whale Ratio Rising as BTC Falls? appeared first on Coinpedia Fintech News

Whales are taking a bigger share of Binance’s measured transaction flow, and the timing isn’t exactly reassuring. The Binance whale ratio’s 100-day simple moving average (SMA) reached 0.513 on November 6, its highest level since September 2017. Meanwhile, BTC slipped from roughly $77,500 on October 31 to $75,800. Binance Whale Ratio Climbs As BTC Price …

Source: Coinpedia →