NewsBTC

Binance Records $1.5 Billion Stablecoin Net Inflow Amid Highly Reactive Market

Recent on-chain data indicate the Binance exchange has registered a high volatility in stablecoin inflows in recent days. This observation can be linked to the general market’s choppiness during this period, driven by Bitcoin’s price movements. Pseudonymous reknown analyst Darkfost has shared some insights on this erratic flow in stablecoin flows and its potential implications. Related Reading: Bitcoin Struggles Below Resistance While Fibonacci Support Comes Into Focus Positive Stablecoin Flows

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