Santiment's post indicates that after a general decline in the market following Christmas, there has been a trend of whales transferring stablecoins to exchanges in the cryptocurrency market. According to Santiment's top CEX deposit dashboard, there have been 7 different deposits to Binance in just the last 24 hours, each worth at least 9 million USD, including one deposit valued at 50 million USD (which accounts for 2.33% of the total supply).

When this dashboard primarily shows stablecoins being deposited into exchanges, it is a strong signal 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, considering the last few days of 2024, it can be viewed as a bullish signal.