5 days ago

Ethereum’s Stablecoin Liquidity Pulls Back on Binance as Fees Rebuild

TLDR: Binance ETH stablecoin netflow fell 518% weekly, 347% monthly, 728% quarterly baseline.  ETH staking rate rose steadily from 33.44% to 33.90%, signaling gradual asset lock-up.  Weekly network fees burnt jumped 48% but remain 54% below the 90-day average level.  A daily close above $2,150 is needed to confirm a bullish structure reversal for ETH.  [...]

The post Ethereum’s Stablecoin Liquidity Pulls Back on Binance as Fees Rebuild appeared first on Blockonomi.

Source: Blockonomi →