On-chain data reveals new trends, with Binance, the leading global cryptocurrency exchange, continuously increasing its USDT reserves. As an important market indicator, the inflow of stablecoins often signifies an increase in buying power, and this growth may be a prelude to a recovery in the cryptocurrency market.
Looking back at past market cycles, the increase in exchange stablecoin reserves is often accompanied by a surge in trading activity — investors deposit USDT on the platform, poised to quickly allocate into Bitcoin, Ethereum, and various altcoins, aiming to capture the benefits of price increases.
