Binance Soaks Up 90% Of ERC-20 Stablecoin Deposits, Pushing ETH Higher On Spot

Fresh data from CryptoQuant showed ERC-20 stablecoin net inflows to exchanges climbed above $640 million on a seven-day moving average. Binance absorbed about $566 million of that total, nearly 90% of the liquidity, marking the exchange’s third-largest stablecoin intake on record. The move came after October’s choppy deposit pattern, when net inflows swung from roughly […] Read The Full Article Binance Soaks Up 90% Of ERC-20 Stablecoin Deposits, Pushing ETH Higher On Spot On Coin Edition.