Binance Whales Hold Steady Despite Market Turbulence and ETF Outflows

Despite macroeconomic uncertainty and significant outflows from US-based spot Bitcoin ETFs, large investors (whales) on Binance have shown remarkable resilience. The crypto market faced heightened volatility last week amid escalating US-China trade tensions, with Bitcoin hovering near a potential breakout point.

Binance Whales Stay Calm Amid Market Uncertainty and ETF Outflows

Whales on Binance, the largest crypto exchange by trading volume, remain unfazed despite the macroeconomic uncertainty and increased outflows from the US-based spot BTC exchange-traded funds. Financial markets, including crypto, witnessed high selloffs last week as US President Donald Trump increased the tariff rate on China imports to 145%, prompting China to respond with a 125% tariff on US goods.

Bitcoin Nears Breakout? On-Chain Signals Point to Big Move Ahead

Bitcoin is showing signs of a possible bullish reversal as the perpetual-spot gap starts to narrow. The gap between futures and spot prices on Binance remains negative but is steadily closing. Historical data shows that Bitcoin often rallies when this gap turns positive during strong market conditions. Market experts keep a close watch for an upcoming confirmation phase because accumulation levels remain robust and established support regions have formed.