Binance News: Bitcoin Exchange Whale Ratio Reaches New 2025 High, Raising Concerns About BTC Price Stability

Recent developments in the cryptocurrency market have sparked concerns among investors, particularly regarding the increasing activity of Bitcoin whales on centralized exchanges. Here’s a closer look at the situation and its potential implications for the BTC price.

Bitcoin Exchange Whale Ratio Hits New 2025 High — BTC Price At Risk?

The price of Bitcoin has been mostly stable over the past week, briefly touching the $87,000 mark on March 20. Recent on-chain data suggests that the volatile market conditions may persist, with Bitcoin potentially facing downward pressure in the coming weeks. An analyst on the CryptoQuant platform revealed that the activity of Bitcoin whales on centralized exchanges has been increasing in recent weeks, based on the "Exchange Whale Ratio" metric. This trend could impact Bitcoin’s price dynamics.

Binance Report Exposes Flaws in Crypto Airdrops, Highlights Pudgy Penguins and Hyperliquid

Binance, the largest cryptocurrency exchange by daily trading volume, has released a report exposing deep flaws in crypto airdrops. The statement highlighted issues such as lower rewards, insider profit, and bot use, which have led the community to lose trust in airdrops. Despite this, Binance gave Pudgy Penguins a perfect 10/10 score following widespread positive sentiment in the community. The exchange stated the December airdrop had succeeded, with a large bulk of the token supply allocated to Pudgy Penguin NFT holders. Hyperliquid was second, scoring 9/10 for rewarding participants extremely well and setting a new high-water mark in DeFi. However, not all projects had a successful airdrop, according to Binance’s analysis.