1.65 billion dollars of stablecoin inflow to Binance: "A new wave is coming"

Last week, with the speech by Fed Chairman Jerome Powell at the Jackson Hole conference, the cryptocurrency markets experienced a brief rise but fell again over the weekend and on Monday. However, they started showing signs of recovery from last night.

According to the information provided by the on-chain data tracking company CryptoQuant, $1.65 billion worth of stablecoins entered the Binance exchange within 24 hours. This situation indicates that investors are closely monitoring the market and are preparing to make purchases immediately in response to positive developments.

###A new wave is starting

According to CryptoQuant analyst Amr Taha, the inflows have exceeded 1.5 billion dollars for the second time this month. Taha said, "This situation indicates that a new wave of capital heading to the spot market has begun."

###1 billion dollars worth of ETH was released

In a 24-hour period, the simultaneous entry of over 1.6 billion dollars in stablecoins along with an outflow of 1 billion dollars in ETH from Binance is noteworthy. This movement gives the impression that large investors are transferring their assets to cold wallets.

The intense selling by whales over the weekend and the declines that continued on Monday and Tuesday caused Bitcoin to drop below 109,000 dollars. The price of Ether also fell to 4,300 dollars before rising again above 4,500 dollars.

Published: August 27, 2025 10:05Last Updated: August 27, 2025 10:09