Binance Whales Signal Major Bitcoin Reversal as Long/Short Ratio Hits 3.87
In a dramatic shift of market sentiment, Binance's elite traders are positioning for a significant Bitcoin recovery as the long/short account ratio surges to 3.87, representing the most bullish outlook among major cryptocurrency holders in three years. This remarkable turnaround follows a period of extreme pessimism when the ratio plummeted below 0.6 during Bitcoin's recent all-time high phase. The current bullish positioning emerges against the backdrop of Bitcoin's substantial 35% price correction over the past 45 days, which appears to have triggered a strategic pivot among institutional and whale accounts. Where large traders previously maintained short positions during the market peak, they are now accumulating long positions at what they perceive as discounted levels. This substantial shift in trading behavior suggests that experienced market participants view the recent price decline as a buying opportunity rather than the beginning of a prolonged bear market. The 3.87 long/short ratio indicates that for every short position, there are nearly four long positions among Binance's top-tier traders, demonstrating overwhelming confidence in Bitcoin's recovery potential. This development is particularly significant given Binance's position as the world's largest cryptocurrency exchange by trading volume, making its whale activity a reliable indicator of broader market sentiment. The timing of this bullish positioning coincides with Bitcoin's technical consolidation phase, suggesting that sophisticated traders are anticipating a breakout to the upside. Historical data shows that such extreme readings in the long/short ratio have often preceded substantial price movements, with the current level representing the most optimistic stance since 2022. Market analysts are closely monitoring whether this whale activity will catalyze a broader market recovery or if retail investors will follow the lead of these large accounts. The substantial increase in long positions also reflects growing confidence in Bitcoin's fundamental value proposition despite recent price volatility, indicating that institutional players remain committed to cryptocurrency's long-term growth narrative.
BTC Price Forecast for 2025: Binance Whales Turn Bullish
Binance's top-tier traders are placing their bets on a Bitcoin resurgence. The long/short account ratio for BTC has skyrocketed to 3.87, marking the most bullish sentiment among whales in three years. This dramatic shift comes after the ratio bottomed below 0.6 during BTC's recent all-time high.
Bitcoin's 35% price correction over the past 45 days appears to have triggered a strategic pivot. Where large accounts once shorted the market, they're now accumulating long positions at levels not seen since 2021. The velocity of this sentiment reversal suggests institutional players anticipate significant upside potential.
While the surge in longs could fuel a near-term rally, seasoned traders note the activity may represent sophisticated risk management strategies rather than pure directional bets. The whale activity underscores Bitcoin's evolving maturity as an asset class, where derivatives play an increasingly important role in price discovery.
BNB Price Outlook: Is a $900 Breakout Possible This Month?
BNB, the native token of Binance, is trading at $848 after rebounding from key support levels as broader crypto sentiment improves. ETF-related developments are fueling bullish momentum, with prediction models suggesting a November high near $935.
The $835 support zone has historically acted as a demand area for BNB. A sustained break above $900 WOULD confirm a bullish reversal. Trading volume is rising, with the RSI at 56 indicating growing momentum. Resistance looms at $968, the next major technical hurdle.
Binance's ecosystem continues to drive utility for BNB through trading fee discounts, blockchain transactions, and DeFi applications. The token remains a standout among large-cap cryptocurrencies despite a 2.1% daily decline.
Victims of Hamas Attack Sue Binance for Alleged Money Laundering
Victims of Hamas' October 2023 attack on Israel have filed a lawsuit against Binance and its founder Changpeng "CZ" Zhao, accusing the cryptocurrency exchange of facilitating money laundering for Hamas and other U.S.-designated terrorist organizations. The complaint, lodged in North Dakota federal court, represents 306 American victims—families of those killed, injured, or taken hostage.
The plaintiffs allege Binance processed over $1 billion for Hamas, Hezbollah, Palestinian Islamic Jihad, and Iran's Revolutionary Guard, including more than $50 million after the October 7 attack. Suspicious transactions included a 26-year-old Venezuelan woman's account receiving $177 million in deposits despite lacking apparent financial means.
This legal action follows Binance's November 2023 guilty plea for violating anti-money-laundering and sanctions laws, which resulted in a $4.32 billion penalty. Zhao served a four-month prison sentence before receiving a presidential pardon on October 23.
Binance maintains compliance with international sanctions laws but declined to comment on the ongoing litigation. The case underscores growing regulatory scrutiny of cryptocurrency platforms' role in illicit finance.
Binance Faces $3 Billion Terrorism Financing Lawsuit in Landmark Case
A federal lawsuit filed in North Dakota accuses Binance of facilitating $1 billion in transactions for Hamas and other terrorist organizations. The 284-page complaint, representing 306 American families affected by the October 7 attacks, leverages Binance's 2023 guilty plea for anti-money laundering failures.
The plaintiffs' legal team—led by Willkie Farr & Gallagher with former CFTC chair Christopher Giancarlo—is invoking the Anti-Terrorism Act's treble damages provision. This could escalate the $1 billion demand to $3 billion upon victory, setting a precedent for exchange accountability.
Analytics tracing on-chain flows to designated terrorist groups FORM the evidentiary backbone. The case builds on February's Raanan v. Binance ruling where a Manhattan judge allowed similar claims to proceed, signaling judicial receptiveness to ATA claims against crypto platforms.
Bitcoin Recovery Signals: Binance Sees Record $7.5 Billion Whale Deposits
Whale inflows to Binance surged to $7.5 billion over the past 30 days, marking the highest level in a year. This movement suggests both profit-taking and risk management strategies among large holders as bitcoin approaches key price levels.
Retail demand is showing early signs of recovery alongside whale activity, hinting at potential market stabilization. Analysts draw parallels to March 2025, when similar exchange inflows preceded a period of consolidation after Bitcoin's drop from $102,000 to $70,000.
While capital mobilization continues, the timing of a market bottom remains uncertain. Spot trading activity is rebuilding, with ETF flows showing signs of stabilization across both retail and institutional participants.
BNB Chain Appoints Nina Rong as Executive Director of Growth to Tackle Liquidity Challenges
BNB Chain has named Nina Rong as its new Executive Director of Growth, signaling a strategic push to address liquidity discovery gaps in the rapidly evolving crypto sector. Rong, a seasoned professional with experience in scaling Ethereum-based solutions during peak congestion periods, will focus on ecosystem expansion, developer onboarding, and global outreach.
The appointment comes as BNB Chain reports robust metrics—695 million unique addresses and 2 million daily users—underscoring its position as a leading blockchain platform. With throughput improvements from years of upgrades, the chain aims to maintain competitiveness amid a crowded field of 150+ L2 solutions and emerging high-speed L1 chains by late 2025.