Bitcoin Whales Surge on Binance as Inflows Peak, Signal Selloff Ahead of Key $93k–$96k Resistance

Bitcoin liquidity dynamics are under scrutiny after COINOTAG News, citing Cointelegraph, reported a rising exchange whale ratio of 0.47, signaling heavier transfers by large holders onto exchanges. The surge is most evident on Binance, where the 14-day EMA climbed to 0.427—the highest since April—implying mounting selling pressure as liquidity is mobilized for distribution. With Bitcoin failing to clear the $93,000 resistance, market participants anticipate potential consolidation before a fresh breakout or a retest of critical support levels.

On-chain data through November 28 show the 30-day moving average of BTC inflows to Binance near 8,915 coins, close to the yearly peak of 9,031 coins. Past inflow spikes have tended to precede pullbacks, suggesting holders are hedging or booking profits after the recent rally. As the market eyes the 96,000 region, Binance‘s rising inventory could act as a headwind until the excess supply is absorbed.