[Analyst: Bitcoin Tests $60,000 Threshold, Whale Funds Return to the Market] According to a report by Jinse Finance, CryptoQuant analyst Darkfost stated that market demand had been steadily declining prior to the beginning of this year and since September 2025. The ongoing uncertainty in global macroeconomics and geopolitical conditions has led investors—especially major market participants—to remain cautious. However, their behavior seems to have shifted since the start of this year. Starting from December 28, the inflow of stablecoins from whale accounts into Binance has significantly increased. Here, whales are defined as accounts with single transaction amounts exceeding $1 million. Previously, the monthly inflow of such investors into Binance was approximately $27 billion, but it has now risen to around $43 billion. When Bitcoin approached the $60,000 price level, whale activity on Binance intensified noticeably. This price range is considered an attractive entry point from a risk-reward perspective. Notably, this phase also coincided with a period of significant realized losses in the market. The increase in stablecoin inflows into exchanges is generally seen as a positive signal, as it indicates that investors are willing to reinvest funds. This is particularly critical for whale-level transactions, as their capital volume is substantial enough to have a tangible impact on short-term price movements. That said, this positive momentum needs to be sustained for Bitcoin to stabilize and potentially reestablish a consistent upward trend.