Binance Bags $31B Stablecoin Stack as BTC Eyes $120K

Binance’s stablecoin reserves just flexed to a record $31B, climbing 5x since June 2023.

That’s some serious liquidity, showing the market’s hungry for action.

Bitcoin’s cruising below $94K after a 13% dip from its $108.3K ATH, but analysts are eyeing $120K as the next big move.

Short-term holders are still sitting pretty with 7.9% unrealized gains, locking in a strong cost basis at $86.6K.

With institutions stacking crypto and whales loving those stealth CoinJoin transactions, Q1 2025 could be where things heat up.

Source: Mario Nawfal