Press note
115,006 Large-Trade Alerts: Where and When Crypto Whales Trade, by Venue and Hour
115,006Alerts logged
18 June to 3 September 2026 across Binance, HTX, Coinbase, Gate.io, Kraken and KuCoin; 60 days with data
Every large-trade alert Vultax logged on six exchanges from 18 June to 3 September 2026: HTX carried 56% of large-trade notional, flow stayed close to balanced, 13:00–16:00 UTC held 23.6% of alerts, and weekends ran 23–30% quieter. Binance printed the most large trades, 20,022, but HTX carried the most money: 19,617 large trades worth $2.88B, 56% of large-trade notional, with a 90th-percentile print of $364,000 against Binance's $84,000. The largest single print was a $7.06M BTC-USD sell on Coinbase on 27 June. 51.1% of alerts were buys, between 47.5% and 52.6% on every venue and between 49.2% and 53.4% in every hour of the day. What moved was how much printed: the four hours from 13:00 to 16:00 UTC carried 23.6% of all alerts, the busiest hour ran 1.9 times the quietest, and Saturday and Sunday ran 23% and 30% below the weekday average.
Observed 2026-06-18 to 2026-09-03, population: 59,803 single large-trade alerts on six exchanges.
Supporting figures
- 56% — HTX share of large-trade notional19,617 single large trades worth $2.88B; Binance printed more large trades, 20,022, worth $1.10B
- 13:00–16:00 UTC — Peak window23.6% of all large-trade alerts in four hours; the busiest hour (15:00) ran 1.9 times the quietest (23:00)
- 51.1% — Buy shareAlerts flagged as buys; between 47.5% and 52.6% on every venue and 49.2% to 53.4% in every hour of the day
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- Watch large bitcoin trades as they print, alongside each venue's order book, the cross-exchange gap and liquidity.
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How to cite
Vultax Research, 115,006 Large-Trade Alerts: Where and When Crypto Whales Trade, by Venue and Hour, 2026-09-16, https://vultax.com/research/crypto-whale-trades-115000-alerts-six-exchanges
Published 2026-09-03, last revised 2026-09-16. Figures are the published study; live screens move. Plain-text version · Use our data