Bitcoin Stablecoin Outflow: $1.2 Billion Leaves Binance as BTC Holds at $77.6K – Blockonomi
TLDR: Binance recorded a $1.2 billion stablecoin outflow, with $1 billion of that total consisting solely of USDT. The withdrawal follows a recent Bitcoin sell-off, pointing to either short capitulation or spot profit realization. Weekend low-liquidity conditions raise the risk of stop-hunts and leveraged liquidations around the $77,600 zone. Reduced stablecoin reserves on Binance limit…