Is a bull market here? But there are still plenty of bears.
When you pull up the data, Binance’s fund inflow over the past week is absolutely staggering: in the last 7 days, there was a net inflow of $12.3 billion, far higher than other exchanges—and it came in a concentrated, explosive burst.
My guess is that derivatives contracts tied to the U.S. stock market brought a batch of outside capital in; Binance has been aggressively developing TradFi, with an ever-expanding range of trading products. Add to that the latest surge of $BTC and the turnaround in DeFi projects like $AAVE and $UNI —this round of inflows has already outweighed the spike we saw in May this year.
Money really is flowing into the crypto market, and it’s coming in clearly and decisively.
Plus, our own Web3 ecosystem is gradually heating up too. Once new game-changing ways of playing emerge, capital will start to stick around.
Whether it’s money from Wall Street or retail investors—so long as they don’t just poke around and leave, but are willing to stay in crypto, then things will truly start getting better!
When you pull up the data, Binance’s fund inflow over the past week is absolutely staggering: in the last 7 days, there was a net inflow of $12.3 billion, far higher than other exchanges—and it came in a concentrated, explosive burst.
My guess is that derivatives contracts tied to the U.S. stock market brought a batch of outside capital in; Binance has been aggressively developing TradFi, with an ever-expanding range of trading products. Add to that the latest surge of $BTC and the turnaround in DeFi projects like $AAVE and $UNI —this round of inflows has already outweighed the spike we saw in May this year.
Money really is flowing into the crypto market, and it’s coming in clearly and decisively.
Plus, our own Web3 ecosystem is gradually heating up too. Once new game-changing ways of playing emerge, capital will start to stick around.
Whether it’s money from Wall Street or retail investors—so long as they don’t just poke around and leave, but are willing to stay in crypto, then things will truly start getting better!
