[CEX Whale Ratio Rises, Binance BTC Inflows Near Annual Peak] On December 6, the whale ratio on trading platforms surged sharply, with the combined ratio across all platforms reaching 0.47, indicating that large holders are accelerating the transfer of Bitcoin to exchanges. Binance stands out particularly, with its 14-day exponential moving average rising to 0.427, the highest level since April. On-chain data shows that as of November 28, the 30-day simple moving average of BTC inflows to Binance reached 8,915 coins, approaching the annual peak of 9,031 coins recorded on March 3. Analysts point out that the increase in whale deposits may signal the onset of a selling phase. The current market faces pressure at the $96,000 resistance level and may need to absorb excess supply before seeking an upward breakout.