Binance sees $9B stablecoin inflow over past 30 days

Binance has recorded an inflow of $9 billion in stablecoins over the past 30 days. According to CryptoOnChain, a contributor to CryptoQuant, this volume is approaching the peak levels observed during the 2021 bull market. The analyst noted on X that this indicates an accumulation of sidelined capital, creating strong buying pressure for BTC and major altcoins.