Binance Sees $1.2B Stablecoin Exit as Bitcoin Volatility Grows
Share:
Binance recorded $1.2B in stablecoin outflows, including nearly $1B in USDT withdrawals, as Bitcoin trades around $77,600 and weak spot demand plus ETF outflows pressure crypto market sentiment. Binance futures data show rising leveraged Bitcoin positions and growing liquidation risks, prompting traders to brace for sharp weekend volatility.
Predictions Markets
See what traders are focused on
- Binance saw $1.2B in stablecoin outflows as Bitcoin hovered near $77K amid rising volatility fears.
- Bitcoin traders brace for sharp weekend swings as ETF outflows and weak demand pressure sentiment.
- Binance futures data points to growing liquidation risks as leveraged Bitcoin positions continue building.
Bitcoin is heading into another volatile session after Binance recorded $1.2 billion in stablecoin outflows, with nearly $1 billion linked to USDT withdrawals, according to CryptoQuant analyst BorisD.
The move comes as Bitcoin trades around $77,600 and struggles to regain momentum following recent declines. Market participants are now positioning for sharper price swings ahead of the weekend. Meanwhile, weaker spot demand and continued ETF outflows are adding pressure to broader crypto market sentiment.
Binance Flows Signal Bitcoin Volatility Shift
BorisD sa…
Read The Full Article Binance Sees $1.2B Stablecoin Exit as Bitcoin Volatility Grows On Coin Edition.
Read More
CME Moves to 24/7 Bitcoin Trading Structure as Three Key Gaps Remain Unresolved
