I've been wondering why $BNB has been pumped so hard lately, and now I have the answer 😆😆😆
I just read an article on Thuancapital 🥰🥰
From January to February 2025, the amount of BTC owned by Binance seems to have dropped from 46,896 to 2,747, while the amount of ETH decreased from 216,313 to just 175.
Most of these assets seem to have been converted to USDC. There were similar cases in June 2023 (when Binance paid a fine) and February 2024.
Source: X @WuBlockchain & Thuancapital
To be honest, the flow of funds is a normal thing, $BTC has to be sold for Altcoins to have a chance to survive.
Is it possible that the Meme trend of BNB will continue, and then switch to Meme ETH, while techcoins will not be pumped????
It's just that addicted students $ETH are not pumping anything but dumping, so they have to be cursed 🥶🥶🥶