Significant changes have occurred at Binance since the beginning of 2024. Previously, Binance was known as a platform dominated by retail participation with an average inflow of 0.7 BTC. However, the latest data shows an increase in the average inflow to 6.8 BTC.
This change indicates a shift from retail dominance to whale dominance. Although the crypto market is generally showing a negative trend, there is optimism about Bitcoin (BTC) which remains the main choice for large investors.
Analysts believe that despite the sluggish market, BTC has the potential to bounce back, driven by the increasing interest from large investors.