Binance Crypto Reserves Dip as BTC, ETH Prices Decline Over the Past Seven Days
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- Binance reserves dropped about $8 billion in seven days across BTC, ETH, USDT, and USDC, per CryptoQuant’s Julio Moreno.
- Total reserves hovered near $135 billion as USDT hit a $38.2 billion high, pointing to uneven flows on the exchange.
- Volatility stayed elevated with BTC down ~10% and ETH down ~20% over the week, keeping liquidity risk top of mind.
CryptoQuant’s Head of Research Julio Moreno said Binance reserves fell about $8 billion over the past seven days. The decline showed up across Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC). He noted the move fit within patterns seen earlier in this cycle rather than a break in trend.
Read The Full Article Binance Crypto Reserves Dip as BTC, ETH Prices Decline Over the Past Seven Days On Coin Edition.
19h ago•
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