Skip to main content
727 Finance
English

Darkfost: Whales transferred more than $1 million into Binance stablecoins, and 30-day inflows rose to $30.5 billion

According to Darkfost analysis, whales that transferred more than $1 million in stablecoins to Binance saw their 30-day cumulative inflows rise from $21.7 billion to $30.5 billion in just over a month, an increase of more than 40%. Stablecoin inflows into exchanges are generally seen as preparations for establishing market exposure and may correspond to potential buying pressure. This group, whose capital flows have continued to fall from an October high of more than $61 billion, is deploying liquidity more cautiously as Bitcoin's structural trend reverses and the market focuses on October's seasonal conditions, but also faces conflicts, inflation and rising bond yields.

Related news

  1. A smart money address again transferred 100,000 VVV to Coinbase, with a total return rate of 471.2% so far.

  2. Multiple cryptocurrency trading platforms have strengthened security measures, and Coinbase has adjusted its cold storage system.

  3. A new wallet withdrew LIT, ENA, and ARB from OKX, totaling approximately $6 million in value.

  4. India's largest crypto exchange CoinDCX temporarily limits new futures positions due to the Binance incident.

  5. Quick look at Coinbase's Q3 financial report: net profit of $719 million, revenue down 35% year-over-year.