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

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)

Crypto wallet moves 1,445 ETH worth $3.91M from Aave to Binance, first ETH deposit since Oct 2025

Crypto wallet moves 1,445 ETH worth $3.91M from Aave to Binance, first ETH deposit since Oct 2025

A crypto wallet transferred 1,445 Ether (ETH), valued at $3.91 million, from the Aave platform to Binance. This marks the wallet's first ETH deposit to an exchange since October 2025. Despite the transfer, the wallet still holds approximately $26.7 m...

Market News
Bullish
5 hours ago
Ripple CEO Garlinghouse rejects XRP maximalist label, supports multiple cryptocurrencies.

Ripple CEO Garlinghouse rejects XRP maximalist label, supports multiple cryptocurrencies.

Ripple CEO Brad Garlinghouse clarified he is not an XRP maximalist, emphasizing his belief in the potential of various cryptocurrencies. He highlighted that XRP and stablecoins serve different roles in cross-border payments, with user preference dete...

Market News
Bullish
5 hours ago
Bitcoin rebounds above $84,000 as spot ETFs attract $31M, while ZEC falls 9%.

Bitcoin rebounds above $84,000 as spot ETFs attract $31M, while ZEC falls 9%.

Bitcoin rose 1% to just above $84,200, supported by spot ETFs inflows of $31 million on Monday, despite high U.S. Treasury yields. Ether and other major cryptocurrencies also gained, while ZEC dropped 9% due to outflows from its sole U.S. fund. Marke...

Market News
Bullish
6 hours ago
Bitcoin edges up to $83,897 as Binance sees biggest BTC outflow since 2023, signaling investor accumulation.

Bitcoin edges up to $83,897 as Binance sees biggest BTC outflow since 2023, signaling investor accumulation.

Bitcoin traded at $83,897 on September 29, rising 0.83% amid a tight price range and strong technical support above key moving averages. Binance experienced its largest single-day Bitcoin outflow since 2023, with over 13,800 BTC withdrawn on Septembe...

Technical Signals
Neutral
6 hours ago
Altcoin spot volume hits nearly 4x Bitcoin's, marking highest dominance since Sept 2025

Altcoin spot volume hits nearly 4x Bitcoin's, marking highest dominance since Sept 2025

Altcoin spot trading volume has surged to nearly four times that of Bitcoin, reaching the highest ratio since September 2025, according to Glassnode. The Altcoin Season Index rose to 62% in late September, with 72.5% of altcoins outperforming Bitcoin...

Technical Signals
Neutral
7 hours ago
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