CryptoQuant reported a rise in Bitcoin whale deposit activity amid the ongoing bear market, indicating that large holders are significantly influencing the market dynamics. The exchange whale ratio has reached 0.64, the highest since October 2015, suggesting that 64% of all bitcoin exchange inflows originated from the top 10 depositors, which points to increased selling pressure from substantial investors. Additionally, while bitcoin inflows surged to about 60,000 BTC earlier this month, they have since decreased significantly, reflecting a normalization following acute sell-off activity. This environment is compounded by elevated altcoin exchange deposits, which have increased by 22% so far in 2026, signifying broader selling pressure and a lack of confidence in the altcoin market. Furthermore, a sharp decline in stablecoin inflows suggests a lack of buying liquidity, contributing to an overall market structure that may be vulnerable to continued volatility.
CryptoQuant reports bitcoin whale deposit activity rises amid bear market
