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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)

XRP trading volume hits $7.26B in August, reaching a six-month high amid strong price rally.

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XRP's spot trading volume surged to $7.26 billion on Binance alone in August, marking its highest monthly volume since February. This increase reflects a strong rebound in trading activity and liquidity, driven by a significant price rally last month...

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Bitcoin rallies past $81,000 as Fed rate hike fears ease and Treasury yields fall

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Technical Signals
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$1B stablecoin inflow at Binance sparks major crypto market rebound in August.

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In August, Binance experienced a net inflow of $1 billion in stablecoins, which coincided with a roughly 22% rebound in Bitcoin's price. This significant inflow improved liquidity conditions on the exchange and contributed to the broader recovery in ...

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