Darkfost, a CryptoQuant contributor, analyzed that "in August, over $1 billion in stablecoins flowed into Binance, showing a slight recovery in market liquidity." He added, "However, since the beginning of the year, approximately $5.1 billion in stablecoins have net flowed out of Binance, and over $16 billion from major exchanges overall. Although BTC rose by approximately 25% in August, recovering to $75,000, it could enter a correction phase again if sustained demand recovery does not occur," he predicted.
