Data shows that the number of ERC20 stablecoin deposit transactions into Binance has started to increase again recently, currently around 27K transactions.

For $BTC, this is a signal worth watching because stablecoin deposits often reflect capital being moved onto exchanges, possibly to prepare for trading or wait for buying opportunities.

However, the current increase is still not truly strong compared to previous periods of explosive inflows. This suggests that liquidity is returning, but market sentiment remains cautious.

In other words, capital is flowing into Binance, but not clearly enough to confirm that strong spot buying pressure has returned.

For $BTC, if deposits continue to rise while price holds support, the market may gradually improve. But if deposit flows remain weak, a strong recovery will need further confirmation from volume and real buying pressure.

Written by Rei Researcher