📈 the latest on Binance in connection with the Federal Open Market Committee #FOMCMeeting and what it suggests for the crypto-market:📊

🔍 Key Take-aways

Binance recorded very large stablecoin inflows ahead of the FOMC decision: one data point shows an inflow of about $2 billion in one day. $XRP

Another data point shows Binance’s stablecoin reserves surging to near $40 billion (or more) ahead of the FOMC. $BTC

The inflows and reserve build-up are interpreted as market participants (both retail + institutional) preparing for volatility around the Fed’s policy decision — i.e., moving liquidity onto Binance so they can quickly execute or reposition once the FOMC announces. $BNB

In parallel, crypto markets were showing signs of uncertainty: for example, Bitcoin hovered near US$113,000 and liquidity was thinning as traders waited on the FOMC. #FOMCMeeting #MarketPullback #BNBBreaksATH #GENIUSAct