Binance Absorbs Institutional Bitcoin Sell-Off as Treasury Companies Trigger Market Concerns

On February 8, 2026, the Bitcoin market faced significant structural strain as major treasury companies initiated a notable sell-off of their digital asset reserves. Recent on-chain data reveals a substantial movement of 18,221 BTC within the past 24 hours, with prominent institutional holders like Nakamoto, Inc. leading the outflow. This activity has raised concerns among investors regarding the stability of institutional Bitcoin holdings during market downturns. Amid this selling pressure, cryptocurrency exchange Binance emerged as a critical market absorber, taking on over 9,000 BTC of the institutional sell-off. This substantial acquisition highlights Binance's continued role as a major liquidity provider and market stabilizer during periods of volatility. While BlackRock was expected to contribute to the selling pressure with a planned 5,081 BTC transaction, the more concerning trend identified by market analysts is the broader pattern of treasury outflows from corporate balance sheets. The movement from Nakamoto, Inc. and similar institutional holders suggests a potential shift in corporate treasury strategies regarding digital asset reserves. Market observers are closely monitoring whether this represents temporary profit-taking or a more fundamental reassessment of Bitcoin's role in corporate finance. The concentration of selling from treasury companies—entities that previously accumulated Bitcoin as a hedge against inflation and currency devaluation—has introduced new questions about long-term institutional commitment to cryptocurrency reserves. This development occurs against a backdrop of evolving regulatory landscapes and changing macroeconomic conditions that may influence corporate treasury decisions. The market's response to Binance's absorption of significant sell-side pressure will be closely watched as an indicator of exchange resilience and overall market depth. As institutional participation continues to shape cryptocurrency markets, the behavior of treasury companies during volatility periods remains a key metric for assessing Bitcoin's maturation as a corporate asset class.

Treasury Companies Trigger Market Concerns with Bitcoin Sell-Off

Bitcoin's market structure faces strain as treasury companies unload portions of their reserves during the latest downturn. On-chain data reveals 18,221 BTC moved in the past 24 hours, with notable transactions from Nakamoto, Inc. and other institutional holders.

Binance absorbed over 9,000 BTC of the selling pressure, while BlackRock's expected 5,081 BTC sale paled against the worrying trend of treasury outflows. Nakamoto, Inc. shifted 1,933 BTC from its 5,398 BTC reserve, raising questions about debt-fueled acquisitions made during previous market peaks.

The movements signal potential structural fragility as long-term holders join the capitulation trend. Market observers note these treasury sales, though relatively small in volume, carry disproportionate psychological weight in current conditions.

STABLE Airdrop Claim Live on Binance Alpha: How to Claim 1845 Tokens

Binance Alpha has launched the second wave of its STABLE airdrop, distributing governance tokens to early contributors and active platform participants. Eligible users with 240+ Binance Alpha points can claim 1,845 tokens on a first-come, first-served basis, valued at approximately $0.02 per token, totaling $33-$36 per allocation.

The airdrop, part of the project's Genesis Distribution, aims to incentivize early adopters and testnet contributors while boosting liquidity and ecosystem development. STABLE, a Layer-1 blockchain optimized for stablecoin payments and enterprise settlements, plans to launch its mainnet in December 2025.

Trend Research Unwinds Overleveraged ETH Position Amid Market Downturn

Trend Research has accelerated its liquidation efforts, transferring 23,000 ETH ($43.98 million) to Binance to service debt on Aave. The entity has offloaded over 94,000 ETH ($200 million) in two hours, part of a broader strategy to mitigate losses from its Leveraged ETH position.

Arkham Intelligence data reveals Trend Research has deposited 235,588 ETH ($516.16 million) into Binance since the unwind began. The firm's Aave borrowing peaked at $958 million in stablecoins, now pressured by ETH's price decline.

Market observers note the defensive moves highlight systemic risks of overleveraged positions in volatile crypto markets. The sell-off coincides with broader sector weakness, though ETH's fundamentals remain intact.

Dogecoin Open Interest Plummets to October 2024 Levels Amid Speculation of Repeat Rally

Dogecoin's open interest has collapsed below $1 billion, marking a 16% decline and echoing levels last seen in October 2024. That period preceded a historic surge, with the meme coin rallying from $0.155 to $0.46 by December 2024. The catalyst then was a trifecta of market forces: Donald Trump’s election victory, Elon Musk’s Department of Government Efficiency naming stunt, and Fed rate cuts.

Current conditions diverge sharply. The Federal Reserve has pivoted hawkish, with rate cuts unlikely before June. Yet traders note eerie parallels in derivatives data. Binance order books show accumulating bids, while Elon Musk’s recent moon mission quip reignited retail fervor.

Technical analysts highlight key differences. October 2024’s low coincided with macro tailwinds; today’s drop lacks such catalysts. Still, the derivatives reset has purged excess leverage—a precondition for past breakouts.

Bitcoin Whale Inflows To Binance Hit Highest Level Since 2022: Distribution Or Repositioning?

Bitcoin's struggle to stabilize NEAR $65,000 reflects mounting selling pressure, with volatility spiking and liquidity thinning across major exchanges. On-chain data reveals a structural shift: Binance just recorded its largest whale inflow ratio since 2022, signaling heightened activity from major holders.

CryptoQuant reports 78,500 BTC flowed into Binance in early February, with whales contributing 38,100 BTC—nearly half of all deposits. Such concentrated movements often precede market transitions, whether through portfolio rebalancing or strategic positioning.

The data suggests whales are actively engaging with exchanges rather than passively holding. While this doesn't confirm outright distribution, it underscores growing institutional-scale maneuvering during Bitcoin's consolidation phase.

XRP Outperforms Crypto Market with 12% Rebound Amid Broad Recovery

XRP led a crypto market recovery on Friday, surging 12% after an initial 18% gain, while Bitcoin reclaimed the $70,000 level. Ripple's token rebounded from a $1.14 low to $1.40 within 24 hours, marking the strongest recovery among large-cap assets.

The rally followed $30 million in long position liquidations during Thursday's selloff. Derivatives data revealed a 2.31 short/long ratio on Binance, indicating divided sentiment between retail and institutional traders.