CryptoQuant contributor Darkfost analyzed that the inflow of stablecoins from whales depositing over $1 million into Binance has increased by more than 40% over the past month. He explained, "Based on a 30-day cumulative basis, inflows increased from $21.7 billion to $30.5 billion. Increased stablecoin inflows to exchanges often represent waiting capital for market entry. This suggests the possibility of increased BTC buying pressure. However, due to geopolitical conflicts, inflation, and rising bond yields, whales are deploying liquidity relatively cautiously."
