Analyst: Binance Sees $1 Billion Stablecoin Inflow in August, but $5.1 Billion Outflow Year-to-Date
CryptoQuant analyst Darkfost reported that Binance recorded over $1 billion in net stablecoin inflows in August, signaling a slight recovery in liquidity. However, the exchange has seen a net outflow of approximately $5.1 billion year-to-date, accounting for 71% of the total stablecoin movement across the network. Total stablecoin reserves across major exchanges have dropped by over $16 billion during the same period. The analyst noted that persistent outflows suggest liquidity is exiting the crypto market rather than remaining idle. Despite this, Bitcoin r
Summaries are written by AI from the original article. Not investment advice.