On July 17, according to an analysis by Cryptoquant analyst BorisVest, there is a clear divergence in the flow of Bitcoin funds on Binance. Data shows that retail investors continue to transfer Bitcoin to the exchange, while the inflow of funds from whale investors has decreased significantly, by about $2.000 billion. The analyst said that this structure usually indicates a fragile market environment. In the short term, Bitcoin may continue to fluctuate within a certain range. Although the overall trend is still upward, the momentum has clearly slowed down. Retail traders are entering the market driven by hype, while whale investors remain silent and inactive. If this structure persists, a lack of institutional support may trigger volatility or momentum-based adjustments in the short term. [TechFlow]