Larry David on Retail Ditching Bitcoin While Whales Hoard 🤑

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So, here we are again, folks. Bitcoin is trading at a cool $118,000, and you know what? It’s like the time I tried to return a shirt because it was too small, only to find out it was just the dryer’s fault. But hey, it’s up 15% over the past month, so that’s something, right?

But wait, here’s the kicker—retail investors are dumping Bitcoin on Binance like it’s a bad date. I mean, who does that? You’re up, and you decide to bail? That’s like leaving a restaurant because the food is too good. According to CryptoQuant, Binance’s 30-day retail inflow has jumped from $12 billion to over $16 billion. Talk about taking profits at the wrong time!

Remember April 2025? Bitcoin went from $78,000 to $111,000 by the end of May, and guess what? Retail traders were offloading their Bitcoin like it was a bad haircut. They missed out on the full upside, and now they’re doing it again. It’s like watching a sitcom rerun, but with more FOMO and less laughter.

And if that’s not enough, Binance’s Net Taker Volume is now negative. That’s right, folks, the bears are out in force. Sellers are dominating, either by liquidating long positions or entering new short positions. It’s like a Black Friday sale, but instead of buying, everyone’s trying to get rid of their stuff.

But here’s the twist: whales are quietly loading up. According to Whales Screener, in the past 24 hours, whales have withdrawn over $400 million in Ethereum and nearly $200 million in Bitcoin from centralized exchanges. It’s like they’re saying, “Thanks for the discount, retail!”

Analyst Mr. Wall Street thinks Bitcoin could hit $140,000 mid-term, but warns that sell-side pressures might cap gains. So, if you’re holding on, you might want to keep an eye on those wallets that accumulated BTC during the 2022 lows. They’re offloading, and that’s usually a sign of things to come.

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2025-07-22 14:41