Golden Finance reports that Santiment stated that after a general decline in the market following Christmas, a trend of whales transferring stablecoins to exchanges has emerged in the cryptocurrency market. According to Santiment's top CEX deposit dashboard, there have been 7 different deposits on Binance in just the past 24 hours, each worth at least $9 million, including a single deposit of $50 million (which accounts for 2.33% of the total supply). When this dashboard primarily shows stablecoins being deposited into exchanges, it is a strong signal indicating that whales are preparing for some purchases, which could drive the overall market price up. While it cannot be guaranteed that these whales will immediately use these funds, it can be seen as a bullish signal considering the last few days of 2024.