CryptoQuant: Over 30 days, stablecoin inflows from whales who sent >$1M to Binance grew from $21.7B to $30.5B. They increased capital inflows to Binance by >40% during this period.
Sending stablecoins to an exchange is very often done to prepare a market position, so the increase in these inflows may be tied to buying pressure on $BTC $ETH $BNB.
Sending stablecoins to an exchange is very often done to prepare a market position, so the increase in these inflows may be tied to buying pressure on $BTC $ETH $BNB.
