Market Overview on 12.01

📌 24h Price Movement:

- BTC is moving sideways with significantly reduced trading volume over the weekend

- Altcoins have slightly recovered, but the market situation remains quite bleak

- The main flow of funds is in DEX with the hot DEFI sector gaining much attention

- More than 262 million USD worth of stablecoin netflow has been withdrawn from exchanges in the past 24 hours

📌 Strongest Gain/Loss:

- $ADA (+11.2%)

- $XRP (+8.3%)

- $BGB (+7.3%)

📌 Notable Money Flow on Binance:

- Layer 1 coins: $ADA, $QKC, $XRP, $XLM

📌 Noteworthy News in 24h:

- Worldcoin (WLD) has surpassed 10 million users

- What is the DEFI trend?

- Statistics on BTC and stablecoin balances on top CEXs this week