Binance Stablecoin Surge Signals Market Rally

Binance witnessed a massive $1.82 billion inflow of stablecoins, marking one of the largest single-day movements on exchanges this year. This surge signifies potential rallies in Bitcoin and Ethereum, and it could create opportunities for short-term trading activity. Experts attribute this growth to increasing DeFi activity and institutional investments. Other major exchanges, like HTX Global, also experienced substantial inflows and outflows throughout July, indicating market volatility.