CryptoQuant reports that the concentration of large cryptocurrency holders on exchanges has reached its highest level in 11 years. The "Exchange Whale Ratio" indicator has increased to 0.64 — the highest level since 2015. Currently, 64% of all BTC inflows to exchanges come from just 10 largest wal

CryptoQuant reports that the concentration of large cryptocurrency holders on exchanges has reached its highest level in 11 years.

The "Exchange Whale Ratio" indicator has increased to 0.64 — the highest level since 2015.

Currently, 64% of all BTC inflows to exchanges come from just 10 largest wal

Posted Feb 20, 2026, 4:36 PM UTC

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