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Binance's Bitcoin reserves rise 5.1% while stablecoin holdings drop $3.87B, pressuring Bitcoin below $71K.

Market News
01 Jun 2026
Blockonomi
View Source
Bearish
pluang ai news

Between late April and early June 2026, Binance's Bitcoin reserves increased by 5.1%, from 617,000 BTC to 648,600 BTC, and Ethereum holdings rose 10.4%. Meanwhile, stablecoin reserves (USDT and USDC) fell by $3.87 billion, reducing the exchange's immediate buying power. This shift in reserve composition coincided with Bitcoin's price dropping below $71,000, indicating a structural liquidity change within Binance that may affect market dynamics and price support going forward.

More News (BNB)

Cryptocurrency prices show mixed movements with Bitcoin above $60K and notable gains in altcoins like SOL and HYPE.

Cryptocurrency prices show mixed movements with Bitcoin above $60K and notable gains in altcoins like SOL and HYPE.

Cryptocurrency markets display varied price changes, with Bitcoin trading above $60,000 and Ethereum around $1,600. Several altcoins such as Solana (SOL) and HYPE have seen significant gains, rising over 6% and 8% respectively. Stablecoins remain ste...

Market News
Bullish
4 hours ago
Bitcoin sees 2,291 BTC outflow as U.S. trading volume surges 109%, shifting liquidity and price discovery.

Bitcoin sees 2,291 BTC outflow as U.S. trading volume surges 109%, shifting liquidity and price discovery.

Bitcoin experienced a net outflow of 2,291 BTC from major exchanges in the last 24 hours, while U.S. trading volume more than doubled by 109%, signaling a shift in liquidity and price discovery toward the U.S. market. Despite short-term inflows over ...

Market News
Neutral
14 hours ago
Over 550,000 BTC moved to Binance and OKX during Bitcoin's $60K retest, signaling potential selling pressure.

Over 550,000 BTC moved to Binance and OKX during Bitcoin's $60K retest, signaling potential selling pressure.

More than 550,000 BTC were transferred to deposit addresses linked to Binance and OKX as Bitcoin retested the $60,000 price level. This spike in transfers, the largest since the 2023 bear market, suggests increased investor caution and potential sell...

Market News
Neutral
15 hours ago
Binance to list RE and XPL in new spot trading pairs on June 30, expanding market access.

Binance to list RE and XPL in new spot trading pairs on June 30, expanding market access.

Binance will add four new spot trading pairs on June 30, including RE and XPL tokens. This listing will allow traders to access these assets directly on the world's largest crypto exchange, potentially increasing liquidity and trading volume. The exa...

Market News
Bullish
16 hours ago
Solana's DEX spot volume surpasses Coinbase and Kraken, trailing only Binance and Bybit globally.

Solana's DEX spot volume surpasses Coinbase and Kraken, trailing only Binance and Bybit globally.

During the week of June 12-18, 2026, Solana's decentralized exchanges (DEXs) processed $7.19 billion in spot trading volume, exceeding Coinbase's $6.39 billion and Kraken's $4.37 billion. This surge places Solana as the second-largest DEX market worl...

Market News
Bearish
19 hours ago
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