Bitcoin risks second straight red October as retail selling outpaces whales
- —BTC is down 1.35% month-to-date after a 6.33% gain in September
- —Retail deposits to Binance climbed 54% to $10.78 billion in 30 days
- —Whale inflows rose only 9.5% to $4.6 billion over the same period
- —Wallets holding 1,000–10,000 BTC cut distribution from 62,600 to 5,230 BTC
Why it matters: The gap between retail selling and whale accumulation leaves mixed signals; a sustained recovery needs renewed spot demand.
Source: AMBCrypto