
Stablecoin inflows to cryptocurrency exchanges reached a record $9.7 billion over the past 30 days, marking the largest monthly inflow ever recorded. This surge in stablecoin liquidity is attributed to growing speculative demand among investors. Analysts suggest that this influx could propel Bitcoin's price to $100,000 by the end of November. Additionally, inflows into Bitcoin exchange-traded funds (ETFs) have also been significant, with $773 million added recently. Notably, Binance reported an all-time high stablecoin inflow of $10.2 billion, indicating a growing reliance on the platform for trading activities, including Bitcoin and altcoin purchases.
Highest Stablecoin Inflow to @binance EVER! 💥 https://t.co/7ViNz2GHyX
Binance Stablecoin Inflow Hits All-Time High of $10.2 Billion “This surge shows the increasing reliance on Binance for a range of trading activities, including buying Bitcoin and altcoins, and participating in futures markets.” – By @JA_Maartun Link 👇 https://t.co/F0hq9kf1Xa https://t.co/lSwRR4blzH
Leon Weidman’s prediction: Bitcoin to $100K by November’s end, backed by massive stablecoin and ETF inflows. 🚀 #CryptoInsights https://t.co/PAVTRcxAuD


