Bitcoin Whale Exchange Ratio Surpasses 11-Year High, According to Data

crypthub

about 8 hours ago

Bitcoin Price Movement

Bitcoin remains in a consolidation range below $70,000, showing slight improvement from February’s low near $61,000. Despite recent sideways movement, the cryptocurrency market faces ongoing risks of further downside volatility. Institutional activity and exchange inflows have declined significantly since early February, indicating a shift in investor behavior.

Institutional Influence and Market Dynamics

CryptoQuant reports that Bitcoin’s whale ratio has risen to 0.64, the highest since 2015, suggesting large investors dominate exchange deposits. Altcoin markets also face elevated distribution pressure, with daily exchange deposits increasing from 40,000 to 49,000 in 2026. This reflects reduced confidence and heightened risk of market instability.

Stablecoin Flows and Market Outlook

Stablecoin outflows from exchanges have sharply declined, with USDT net flows dropping from $616M in November 2025 to $27M, signaling reduced buying power. Combined with increased selling pressure from large holders and altcoin distribution, these factors highlight continued downside risks for the crypto market. Current Bitcoin price stands at approximately $67,580, showing a 1% rise in 24 hours.