Jun 01, 2026

Binance Bitcoin Reserves Surge 5.1% While Stablecoin Liquidity Shrinks $3.87B, Pushing BTC Below $71K

TLDR: Binance Bitcoin reserves grew 5.1%, rising from 617,000 BTC to 648,600 BTC between April 25 and June 1, 2026. Ethereum holdings on Binance climbed 10.4%, adding 350,000 ETH during the same five-week observation period. Combined USDT and USDC reserves on Binance dropped $3.87 billion, reducing available spot market buying power significantly. Bitcoin fell below [...]

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Source: Blockonomi →