Binance Whale Stablecoin Inflows Halved Since September, Signaling Reduced Market Participation
Stablecoin inflows to Binance from large-scale investors, or whales, have dropped sharply since September, according to on-chain analyst Darkfost. In a post on X, Darkfost revealed that monthly inflows from wallets holding over $1 million have fallen from approximately $62 billion to $33 billion—a decline of nearly 50%.