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Binance Sees $1.2B Stablecoin Exit as Bitcoin Volatility Grows

6h ago
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  • Binance saw $1.2B in stablecoin outflows as Bitcoin hovered near $77K amid rising volatility fears.
  • Bitcoin traders brace for sharp weekend swings as ETF outflows and weak demand pressure sentiment.
  • Binance futures data points to growing liquidation risks as leveraged Bitcoin positions continue building.

Bitcoin is heading into another volatile session after Binance recorded $1.2 billion in stablecoin outflows, with nearly $1 billion linked to USDT withdrawals, according to CryptoQuant analyst BorisD. 

The move comes as Bitcoin trades around $77,600 and struggles to regain momentum following recent declines. Market participants are now positioning for sharper price swings ahead of the weekend. Meanwhile, weaker spot demand and continued ETF outflows are adding pressure to broader crypto market sentiment.

Binance Flows Signal Bitcoin Volatility Shift

BorisD sa…

Read The Full Article Binance Sees $1.2B Stablecoin Exit as Bitcoin Volatility Grows On Coin Edition.

6h ago
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