Liquidity on Binance is making a comeback.
Two on-chain charts from CryptoQuant signal something:
- The number of stablecoin (ERC20) deposits to Binance has recently experienced a strong surge, at one point reaching nearly 85,000 transactions per day – the highest level in several months.
- The total stablecoin reserves on Binance have steadily increased to $47.7 billion, showing signs of recovery after a prolonged decline.
This indicates:
- Capital is flowing back into major exchanges.
- When more stablecoins are deposited into Binance, it typically reflects that investors and traders are preparing to take long positions. This is not just random money flow – actual liquidity is being added.
- After a long period of sideways movement, the simultaneous increase in both deposit transactions and stablecoin reserves is one of the most reliable on-chain signals that new capital is entering the market.
- Will this capital flow be strong enough to push the market into a new acceleration phase?
- Monitor spot volume and on-chain data closely in the coming weeks.