Key Takeaways:
- Bitcoin surpassed $73,004 on April 10 after U.S. CPI data.
- Whale inflows to Binance fell below $3 billion, a 10-month low.
- The move suggests large holders may be storing BTC, reducing sell pressure.
Back
Back
Bitcoin pushes past $73,000 as whale deposits hit 10-month low
Bitcoin’s price pushed past $73,004 on April 10, 2026, as inflows from large holders to the Binance exchange dropped to their lowest level in 10 months, signaling a potential reduction in near-term selling pressure.
"The flow of Bitcoin from whales to exchanges is a key metric for gauging potential market tops, and this week's drop is significant," said a researcher at CryptoQuant, a provider of on-chain analytics. "When fewer large holders are moving coins to be sold, it can create a more stable price environment."
Data from on-chain sources shows that inflows from large Bitcoin holders to Binance fell below $3 billion, a level not seen since June 2025. The price remained above its 50-day simple moving average of $71,693, a technical level watched by traders. The move comes after the latest U.S. Consumer Price Index data was released, influencing broader market sentiment and its correlation with crypto assets like Ethereum.
The decrease in whale deposits on exchanges could suggest that large investors are moving their assets into cold storage for longer-term holding, which is often interpreted as a bullish signal. The next key resistance level for Bitcoin is watched around the $75,000 mark, while support is seen near the $71,500 level.
This article is for informational purposes only and does not constitute investment advice.
Features
Resources
© 2026 Finture Development Limited. All rights reserved