Bitcoin balances on Binance hit highest since November 2024: here's what it means

Users' bitcoin holdings in wallets linked to Binance have climbed to highest since late 2024. What to know : Bitcoin holdings in wallets linked to Binance have climbed to about 676,835 BTC, a level last seen in November 2024 and up 9.3% from a recent low. Rising balances on the exchange are said to have bearish implications. A major crypto whale transferred about $760 million in bitcoin to Binance on Sunday, according to Arkham.