Binance Records a Massive Crypto Outflow and a Record Inflow of Stablecoins


17h05 ▪
4
min read ▪ by
Luc Jose A.

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Binance records a marked decrease in its Bitcoin and Ethereum reserves. At the same time, stablecoin deposits reach unprecedented levels. This surprising contrast draws the attention of analysts, who see a strong signal: the market is not disengaging, it is repositioning.

À l’intérieur d’un terminal Binance, des tuyaux fuyants laissent échapper les cryptos, pendant qu’une canalisation massive déverse les stablecoins dans des silos.À l’intérieur d’un terminal Binance, des tuyaux fuyants laissent échapper les cryptos, pendant qu’une canalisation massive déverse les stablecoins dans des silos.

In brief

  • Binance records a sharp drop in its Bitcoin and Ethereum reserves, with a $20 billion decrease for BTC.
  • XRP is also declining, although more…

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