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Crypto Whales Move Stablecoins to Centralized Exchanges – Evolving Trend
Cryptocurrency markets are showing signs of recovery from the post-Christmas slump, with stablecoin inflows to exchanges increasing.
Whale activity includes seven large stablecoin deposits on Binance, one of which is worth $500 million, indicating growing interest in potential market moves.
Bitcoin buyer volume on Binance is rising, and spot exchange reserves are down 30 days, indicating increased demand.