Bitcoin’s rally shifts: Retail buyers take over as whales pull back – Why?
The post Bitcoin’s rally shifts: Retail buyers take over as whales pull back – Why? appeared on BitcoinEthereumNews.com.
Over $1 billion in stablecoins left Binance as long-term holders de-risk and reduce exposure. Bitcoin’s retail investors are driving the rally as whales pull back, signaling a major market shift. A silent reshuffling is afoot. As Bitcoin [BTC] hovers near record highs, over a billion dollars in stablecoins have quietly exited Binance. Long-term holders are pulling back and de-risking, showing waning conviction at current price levels. Meanwhile, smaller investors are stepping in aggressively, aiming to take the reins and potentially sustain the rally. Are the power dynamics driving this rally shifting massively? Waning liquidity or quiet rotation? In May, Binance recorded over $1 billion in net stablecoin outflows, as seen in the chart below, one of the most significant liquidity shifts in recent months. Source: CryptoQuant Stablecoin netflows are an indicator of exchange-side buying power, and a drawdown of this magnitude often points to caution among larger players. While Bitcoin pushed past $110K, the capital base behind the rally may be thinning. Precedents show similar outflows have either preceded periods of cooling or marked moments of profit rotation. Whether this is a signal of risk aversion or a calculated pause by institutional capital, one thing is clear: the rally’s details are changing. Long-term holders tap out Bitcoin’s LTHs have sharply reduced their net realized cap, from $28 billion down to just $2 billion. The green wave of accumulation has collapsed, replaced by a flat line that often precedes distribution phases. Source: CryptoQuant Such dramatic shifts have usually foreshadowed local tops or periods of sideways movement, especially when short-term holders fail to pick up the slack. This is smart money de-risking! Looks like some of the strongest hands in the market are no longer holding tight. Bitcoin retail pushes while whale wallets pull back During Bitcoin’s ascent from $81K to…
Filed under: News - @ June 2, 2025 2:29 pm