The Binance whale ratio metric has shown a sharp rise in recent months, indicating significant changes in market behavior.
The Binance Whale Ratio Outlook and Evolution
The Binance whale ratio metric has increased significantly since mid-2023. According to CryptoQuant, the ratio dropped to a low of 0.08 in the summer of 2023; however, it surged to 0.77 and 0.76 in 2024 and 2025, respectively. This represents an increase of over 800% within two years and a 400% rise from mid-2023. This metric tracks the proportion of Bitcoin inflows from whales into Binance and is often used as a signal of major market movements. A higher whale ratio usually indicates increased participation by large holders, either signaling selling pressure or long-term positioning.
Stablecoin Dominance on Binance
Along with the rising Binance whale ratio, stablecoin trading has remained dominant on the platform, particularly in Latin America. Data from Kaiko shows that Binance now controls over 50% of the market share in the region, rising from previous lows in 2022. From January to May 2025, Latin America recorded a crypto market trade volume of $16.2 billion, a 42% increase compared to the same period in 2024, with Brazil alone accounting for 77% of all LATAM activity. Stablecoins, led by USDT, accounted for most of these transactions, making up 47% of the total volume.
Crypto Market Prospects amid Changes on Binance
With the Binance whale ratio metric signaling increased big-player involvement and stablecoins dominating trade, the broader crypto market appears poised for a potential breakout. Whale accumulation and reduced selling behavior during volatile swings suggest a possible period of price growth. Despite global concerns about regulatory pressure and macroeconomic uncertainties, Binance's stable market share and strong user activity imply that its influence on industry trends will remain robust.
Current trends highlight how whale behavior shapes sentiment and market dynamics. As Latin America's role grows, stablecoins anchor trade volumes, placing Binance in a strong position to lead the next phase of crypto adoption.
