Bitcoin’s ongoing correction is pulling large holders back onto centralized venues, with CryptoQuant data showing a sharp jump in whale-dominated inflows to Binance. At the same time, derivatives positioning continues to unwind, reinforcing the picture of a market de-risking across both spot and futures. Bitcoin Whale Share Of Inflows Spikes On Binance CryptoQuant contributor Darkfost (@Darkfost_Coc) said Binance is seeing a notable rise in whale activity as the drawdown pressures participants “from retail participants to whales and even institutions. ” His focus was the “whale inflow ratio,” a metric that compares BTC inflows from the 10 largest transactions against total exchange inflows, smoothed using a weekly average to reduce the impact of one-off transfers