According to the CryptoQuant chart, Binance’s ERC20 stablecoin reserves remain around 42.6 billion — despite declining from a peak of over 50 billion, this figure is still significantly higher than the 10–15 billion range seen throughout much of 2024.

What stands out: after a correction lasting nearly a year, stablecoin reserves on the exchange have yet to return to their previous low levels. In my view, this suggests that substantial potential buying power remains, even as market sentiment stays cautious.

These stablecoin reserves do not mean that funds will immediately flow into $BTC or altcoins. However, if confidence and demand return, the available liquidity could support a recovery.

The next thing to watch is when potential buying power turns into actual buying pressure.

Written by Rei Researcher