11/27/2025
164 words
1 min read
Bitcoin risks deeper drop if whale exchange deposits stay high: Analyst
Overview
Recent developments in Bitcoin deposits to exchanges indicate a potential for further declines in the cryptocurrency’s value. A significant influx of Bitcoin from large holders, often referred to as “whales,” has raised concerns among analysts.
What Happened
On November 21, there was a notable surge in Bitcoin whale deposits to exchanges, totaling 9,000 BTC. This increase was primarily driven by large holders, who contributed to 45% of the total inflows. Analysts suggest that if this trend of high deposits continues, it could lead to additional downward pressure on Bitcoin’s price.
Impact on the crypto market
- Increased whale activity may signal a lack of confidence in Bitcoin’s price stability.
- High deposit volumes to exchanges could lead to increased selling pressure.
- The concentration of inflows from large holders raises concerns about market manipulation.
- Continued high deposits may discourage new investors from entering the market.
- The situation highlights the importance of monitoring whale movements for future market trends.
Updated: 11/27/2025, 7:18:47 PM
