Retail Bitcoin Deposits Surge to 6-Month High as Whales Reduce Binance Balances

Retail Bitcoin deposits to Binance have nearly doubled since April, reaching a six-month high of $10.75 billion in 30-day totals, while whale deposits fell 36% to $3.8 billion. Data from CryptoQuant shows retail deposits are now 2.8 times whale deposits, suggesting small holders may be using the price rebound to exit. The split in flow patterns sets up a test of selling pressure if prices continue to rise.