According to exchange data, inflows to trading venues topped 9,000 Bitcoin on Nov. 21 as prices slid to $80,600 on Coinbase \u2014 the weakest showing in seven months.<\/p>\n
Reports show that about 45% of those deposits came in chunks of 100 BTC or more, and on one day large transfers reached 7,000 BTC.<\/p>\n
The average deposit size in November rose to 1.23 BTC, the largest monthly figure in a year. Those numbers point to more than casual rebalancing; they point to coins being moved where they can be sold.<\/p>\n
According to market coverage, Binance\u2019s stablecoin holdings climbed to a record $51 billion. At the same time, BTC and Ether<\/a> inflows to exchanges swelled to roughly $40 billion this week, with Binance and Coinbase leading the move.<\/p>\n Traders often park funds in dollar-pegged tokens when they want to wait on the sidelines. That build-up means cash is available, but it is sitting idle until sellers either step back or buyers turn up again.<\/p>\n Bitcoin exchange inflows are rising as the price drops to ~87K, a seven-month low.<\/p>\n Large deposits (100+ BTC) now make up 45% of all inflows, hitting 7K BTC on Nov 21.<\/p>\n Large holders are increasingly sending BTC to exchanges, reinforcing the current downtrend. pic.twitter.com\/UpN4rAL0FH<\/a><\/p>\n \u2014 CryptoQuant.com (@cryptoquant_com) November 26, 2025<\/a><\/p>\n\n Some market watchers warn the recent recovery could be only a pause, flagging remaining margin positions and suggested a test of lower levels.<\/p>\n They said a wick into the $70k\u2013$80k zone would be one way to clear out the last pockets of exposure.<\/p>\n 10x Research<\/a> put resistance levels at $92,000 and $101,000 as the key ranges to watch during any rebound.<\/p>\n For context, Bitcoin<\/a> had clawed back above $90,000 and was trading slightly higher at the time of reporting, but it remains down about 28% from the all-time high north of $126,000 reached in October.<\/p>\n Short-Term Bounce, Not A Full Recovery<\/p>\n Meanwhile, market moves in stocks and crypto have shown mixed signals. The S&P 500 and the Nasdaq were pushing gains as investors bet on a US Fed rate cut<\/a>, and that helped risk assets.<\/p>\nAnalysts Eye Further Pullback<\/h2>\n