Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»BITCOIN NEWS»By 2024, average inflows have increased tenfold.
BITCOIN NEWS

By 2024, average inflows have increased tenfold.

By Crypto FlexsNovember 14, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
By 2024, average inflows have increased tenfold.
Share
Facebook Twitter LinkedIn Pinterest Email

On-chain data shows that average Bitcoin inflows into Binance have grown rapidly throughout 2024, meaning whales are using the exchange more.

Bitcoin average exchange inflows to Binance have surged over the past year.

As CryptoQuant community analyst Maartunn explains in a new Quicktake post, Binance has seen a change in traffic over the past year. The on-chain metric of interest here is “Exchange Inflow,” which tracks transactions moving from self-managed wallets to exchange-linked addresses.

The traditional form of this indicator measures the total amount of money deposited into the platform through these transfers. Nevertheless, the version of the indicator that is relevant to the current discussion is the one that tells us the average or average number of tokens being transferred to the exchange.

A high value of the indicator means that the average transaction moving to these central entities involves a large number of tokens. This trend naturally means that high-net-worth investors like whales can participate in the inflow activity.

On the other hand, a low indicator suggests that retail investors are keeping their money on the exchange because the value of the average inflow trade is very low.

We now have a chart showing the 7-day moving average (MA) trend of average Bitcoin exchange inflows to cryptocurrency exchange Binance over the past few years.

The value of the metric appears to have been rapidly going up in recent months | Source: CryptoQuant

As you can see in the graph above, the 7-day MA of average Binance Bitcoin exchange inflows over the past few years has been relatively low. This has given the platform a reputation as a home for retail investors. network.

At the beginning of this year, the value of this indicator was only 0.9 BTC. This means that the average transaction moving to the platform involved less than a single token of the asset.

However, since then the indicator has shown a sharp increase, suggesting that the exchange has received significantly more deposits. This trend may not be a temporary deviation. This is because the upward trajectory was consistent and continued for a significant period of time.

Average Binance Bitcoin exchange inflows recently peaked at 6.8 BTC, which is worth about $614,000 at current exchange rates. This is a significant amount, so seeing an average deposit of this amount on the platform means that whales are actively flowing in.

Although whales initially seemed to prefer other exchanges, recent changes show that some of these huge investors have now become regular Binance users.

BTC price

Bitcoin set a new all-time high (ATH) above $90,800 after surging another 5% in the past 24 hours.

bitcoin price chart

Looks like the asset has continuously been discovering new highs recently | Source: BTCUSDT on TradingView

Dall-E, featured image from CryptoQuant.com, chart from TradingView.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Cardano founder says Chainlink quotes ‘ridiculous price’ to them.

September 3, 2025

The US government posts GDP data on Bitcoin block chain.

August 28, 2025

Ether ETF is a comeback of $ 280 million, with bitcoin leaked stripes hit on the 5th.

August 22, 2025
Add A Comment

Comments are closed.

Recent Posts

If this trend is owned, the XRP price is $ 3.4 and you can see 20% bounce.

September 6, 2025

GBC Mining Launches Scalable Cloud Mining Plans, Enabling Passive Income For Global Crypto Enthusiasts

September 6, 2025

The 320K holder of the WAVERS & Cardano Price Surges Surges BlockDag signals the next large encryption.

September 6, 2025

RLUSD Stablecoin is extended to Africa to supply power to the border between the border.

September 5, 2025

Bybit Establishes New B2B Unit To Drive Institutional Adoption Of Digital Assets

September 5, 2025

Lowkick Studio Launches $SHARDS Token On Top Tier Exchanges For WorldShards MMORPG

September 5, 2025

The cryptocurrency is falling when the tokens and stocks connected to Trump are under pressure.

September 5, 2025

Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results

September 5, 2025

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025

NOWPayments To Participate In SiGMA Europe Rome 2025

September 4, 2025

Web3 Enabler Announces Blockchain Payments V3.1 At Northeast Dreamin In Boston

September 4, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

If this trend is owned, the XRP price is $ 3.4 and you can see 20% bounce.

September 6, 2025

GBC Mining Launches Scalable Cloud Mining Plans, Enabling Passive Income For Global Crypto Enthusiasts

September 6, 2025

The 320K holder of the WAVERS & Cardano Price Surges Surges BlockDag signals the next large encryption.

September 6, 2025
Most Popular

ftNFT International Awards 2024 Announces Winners at Glamorous Awards Ceremony in Dubai

March 1, 2024

Altcoin Market has reached a historic low. Will Bitcoin’s grip soon disappear?

March 7, 2025

The hacker steals $ 29,000,000 of SUI from a suspicious victim.

January 29, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.