Binance Stablecoin Deposits Surge, While ETH Withdrawals Approach $1 Billion

Recent data from CryptoQuant shows a significant surge in Binance stablecoin deposits, reaching nearly $1.65 billion, while Ethereum withdrawals have climbed towards $1 billion across two sessions. This trend is creating a split narrative in the market as both indicate different intentions. 30-day Taker Buy Sell Ratio has fallen below its historical average, suggesting that selling pressure outweighs buying activity.