Critics question the Trove fund handling, raising trust and legal concerns, 
while on-chain analysis noted concentrated wallet activity in the presale that 
warranted scrutiny.

Trove Markets retains $9.4m ICO funds after platform pivot

Fundstrat’s Tom Lee, who is also the chair of Ethereum treasury firm BitMine, 
still expects Bitcoin to set a new high this year.

Fundstrat’s Lee sees ‘painful’ start to 2026 before late-year rebound

On Jan. 20, U.S. equities logged one of their roughest single-day pullbacks in 
three months as selling swept across every major index. The Dow Jones 
Industrial Average bore the brunt, chalking up the day’s steepest decline with 
an 870.74-point slide. Crypto assets weren’t spared either, as bitcoin-linked 
stocks also felt Tuesday’s sting. Dow Suffers Worst […]

Red Everywhere: Stocks Stumble, Bitcoin Slips Below $88K as Tariff Fears Bite

Bitcoin’s exchange-side supply signal is flashing a notable change: whale- 
sized transfers into Binance have dropped sharply from late-November panic 
levels, suggesting large holders are no longer leaning on the sell button with 
the same urgency. Selling Pressure From Bitcoin Whales Fade CryptoQuant 
contributor Darkfost said current data shows a “clear decline in whale 
transactions,” specifically BTC inflows to exchanges, meaning “large holders 
are sending significantly less BTC to trading platforms than before.” In the 
post, the chart focus was Binance inflows segmented by transaction size, 
spanning transfers from 100 BTC up to the largest prints above 10,000 BTC, 
flows that are commonly interpreted as potential sell-side positioning when 
they hit an exchange. Related Reading: Why Is Bitcoin And Crypto Down Today? 
Key Drivers Behind The Move The key backdrop in Darkfost’s thread is how 
quickly whale behavior shifted around the market’s late-2025 drawdown. 
“December has been particularly challenging, even for these investors,” the 
analyst wrote, adding that whales are typically “more cautious” and “less 
sensitive to market movements than retail participants,” often acting with 
“greater discipline and patience.” That discipline appeared to crack as 
Bitcoin rolled over from its latest all-time high near $126,000. Darkfost 
described a surge in whale inflows to Binance at the end of November as BTC 
“continued its correction,” with the “average monthly total” reaching “nearly 
$8 billion” during a period when BTC “fell back below the $90,000 level.” 
“This phase clearly triggered a panic-driven move,” the post said. 
“Transactions ranging between 100 and 10,000 BTC increased significantly, 
especially as price broke below the $85,000 level. This behavior reflects real 
stress among certain whales, who chose to sell quickly in order to limit 
losses, thereby reinforcing selling pressure on the market.” The crux is what 
changed since that cluster. “Today, the situation looks very different,” 
Darkfost wrote. Those Binance inflows “have been divided by three and now 
stand at around $2.74 billion,” with “daily movements” becoming “far less 
frequent than during the cluster observed at the end of November.” Related 
Reading: Is Bitcoin Really In A Bear Market? Why January 20 Matters The 
analyst framed the drop as an observable behavioral pivot rather than a 
single-day anomaly. “This shift in dynamics suggests that whales have changed 
their behavior,” Darkfost wrote. “They are no longer selling aggressively and 
now appear to favor waiting.” Institutional Demand Side Remains Robust While 
Darkfost’s post focuses on whale-associated inflows as a proxy for potential 
sell pressure, CryptoQuant CEO Ki Young Ju pointed investors to the other side 
of the ledger: institutional accumulation. “Institutional demand for Bitcoin 
remains strong,” Ki wrote on X. “US custody wallets typically hold 100–1,000 
BTC each. Excluding exchanges and miners, this gives a rough read on 
institutional demand. ETF holdings included.” Ki added that “577K BTC ($53B) 
[was] added over the past year, and still flowing in,” characterizing the 
trend as ongoing rather than a completed wave. At press time, Bitcoin traded 
at $90,885. Featured image created with DALL.E, chart from TradingView.com

Bitcoin Whale Panic Fades: Sell Pressure On Binance Falls Off A Cliff

Samson Mow, chief executive officer of technology company JAN3, has 
characterized Bitcoin as a generational investment opportunity rather than a 
conventional trade.

Cryptocurrency price in USD