Jun 01, 2026
Binance Bitcoin Reserves Surge 5.1% While Stablecoin Liquidity Shrinks $3.87B, Pushing BTC Below $71K
NewsBinance Bitcoin reservesBinance stablecoin liquidityBitcoin market analysisBitcoin Price DropBTC below $71Kcrypto exchange reservesEthereum reserves Binancestablecoin liquidity shift
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 [...]
The post Binance Bitcoin Reserves Surge 5.1% While Stablecoin Liquidity Shrinks $3.87B, Pushing BTC Below $71K appeared first on Blockonomi.
Source: Blockonomi →Related News
- 1 hour ago
Kevin Warsh’s First Fed Decision: Markets Brace for Policy Pivot
- 1 hour ago
Mexican billionaire with 70% of his investment portfolio in bitcoin says it's be...
- 1 hour ago
Kevin Warsh's first Fed meeting could be more about communication than rates
- 2 hours ago
Nasdaq Futures Gain as Markets Eye Fed Decision and U.S.-Iran Peace Agreement
- 3 hours ago
A new Bittensor proposal would turn validators into something like fund managers
