In 2025, there is a significant increase in deposits on the Binance cryptocurrency exchange, mainly due to the activities of large investors known as whales. This change reflects the current state of the market and potential growth catalysts in the future.
Increase in Binance Deposits
According to analysts at CryptoQuant, the average deposit size on Binance has surged to 13.5 BTC, nearly 17 times higher than the 0.8 BTC reported at the start of 2024. This sharp increase signals whale dominance on the platform, which continues to be a leader in trading volumes and provides the liquidity big players need.
> CryptoQuant: "The 7-day average deposit (Mean, MA7) hitting a record-high of 13.5 BTC underscores that the exchange is now overwhelmingly favored by whales over retail investors."
Market Consolidation
Experts note that the current cryptocurrency market is in a consolidation phase. Unlike previous cycles, the upward trend is developing more slowly. Key drivers include:
* Entry into spot ETF markets * Growing institutional and government adoption of Bitcoin * Capital shift from Bitcoin to altcoins
Further CryptoQuant data shows that monthly Bitcoin inflows to Binance have plummeted to ~5,700 BTC, under half the 2020 average (~12,000 BTC), indicating a deliberate hold strategy and reduced near-term sell pressure.
New Catalysts for Growth
Analysts highlight two upcoming catalysts that could trigger a new rally: a U.S. rate cut in September and the potential approval of altcoin spot ETFs in October. These developments may spark a new rally, with the second half of 2025 likely to extend the bullish trend after consolidation.
In 2025, a significant shift is observed in the deposit structure on Binance, indicating the growing influence of major investors. Considering the current market consolidation and anticipated catalysts, the cryptocurrency market may be expecting new rises in the future.
