Stablecoin reserves drop on Binance – Is crypto’s buying power fading?
Stablecoin inflows to exchanges have doubled in a week. And yet, Binance’s reserves keep shrinking. One suggests rising market activity, the other points to fading buying power.
Stablecoins fuel rallies, but this time, the inflows are erratic – Fluctuating between $50 billion and $150 billion, while injecting volatility rather than confidence. Meanwhile, Binance’s reserves, a key gauge of market strength, have been in steady decline since January.
If this trend holds, it could mean traders are gearing up for something… or stepping back entirely.
Surging stablecoin inflows
Stablecoin inflows to exchanges have surged, doubling in just one week, yet the trend remains highly irregular. According to the given chart, for instance,…
