The cryptocurrency market is buzzing once again, with Bitcoin at the center of renewed activity. Recent data reveals significant whale deposits on Binance, paired with a resurgence of retail trading activity. These developments coincide with a rise in global liquidity, which typically supports risk assets like Bitcoin.
Whale Inflows at Record Levels
According to data from CryptoQuant, large Bitcoin holders have moved a staggering $7.5 billion to Binance in the last 30 days—marking the highest level of whale inflows to the exchange in a year. Historically, these whale movements often occur during market uncertainty, reflecting both profit-taking and risk management strategies.
For instance, a similar pattern emerged in March 2025 when Bitcoin’s value dipped from around $102,000 to the low $70,000 range. Significant whale activities led to selling pressure, which was eventually followed by market stabilization. This trend appears to be repeating, with whale inflow figures still climbing.
Retail Traders are Returning
It’s not just the whales making moves—retail investors are also waking up. Recent data from CryptosRus indicates that both small and large wallet spot orders are increasing simultaneously. Spot demand is starting to recover across market segments as ETF outflows stabilize and turn positive. This alignment signals growing confidence among investors in the cryptocurrency space.
Global Liquidity: A Key Driver for Bitcoin
The Global Liquidity Index, which measures the availability of capital in financial markets, is growing again after peaking in early October. This metric is crucial for Bitcoin, as higher liquidity levels typically translate into more support for risk assets.
As of now, Bitcoin is trading around $91,500—down nearly 17% for November. Despite this downturn, technical analysts are closely monitoring key levels, including the $93,000 monthly close. A close above this level would signal positive momentum, while a close above $102,000 would show strong bullish trends.
Opportunities Amid Market Volatility
While November has proven to be challenging for Bitcoin, experts see potential opportunities ahead. With overleveraged participants clearing out and ETF outflows stabilizing, new long-term holders could use this period to establish positions in anticipation of market growth in 2026.
Boost Your Crypto Game with Ledger
As activity in the crypto market heats up, make sure your assets are secure. Consider investing in a Ledger Nano X hardware wallet, known for its advanced security features. This trusted device helps you manage and safeguard your cryptocurrency investments with ease.
Stay tuned for more updates as Bitcoin and other cryptocurrencies continue to evolve in this dynamic market landscape.