Binance is seeing a shift in stablecoin flows. We saw a similar trend in May 2024, before Bitcoin’s sharp drop in the summer.

On December 5, Binance recorded $13 billion in inflows, surpassing all other exchanges. Stablecoin outflows are now dominating, which could indicate that investors are either taking profits or protecting capital.

Since mid-December, stablecoin reserves on Binance (ERC-20) have been steadily declining, confirming this trend.

The decline in inflows signals a weakening of buying pressure, while the outflows indicate a significant shift in the market, where investors are choosing caution.