Binance Stablecoin Reserves Hit Record High, Big Shake-Up Incoming?

1 hour ago by · 2 mins read

Binance has recently seen a spike in stablecoin inflows with average whale deposits jumped roughly 325% since July, underscoring growing institutional engagement.

Binance’s total stablecoin holdings have climbed to a record $45 billion as traders prepare for potential Q4 volatility.

Market analysts suggest this fresh liquidity may strengthen the exchange’s ability to support large trades, creating a more attractive environment for traders.

Data from CryptoQuant shows a clear shift toward Ethereum-based ETH $4 574 24h volatility: 1.8% Market cap: $552.35 B Vol. 24h: $43.11 B stablecoins.

While TRC20 USDT holdings have dropped about $8 billion over the past few weeks, ERC20 USDT reserves have surged to $32.6 billion.

USDC on ERC20 has also grown steadily, now totaling around $7.4 billion.

Binance stablecoin stacked chart portfolio. | Source: CryptoQuant

Together, these gains pushed total Binance stablecoin reserves to a record $45 billion just as the Fed trimmed interest rates by 25bps.

On-chain data further reveals that the exchange recently saw more than $2.1 billion in combined USDT and USDC inflows in a single day.

Whale Deposits Rise

The surge is not limited to stablecoins. Bitcoin BTC $117 126 24h volatility: 0.7% Market cap: $2.33 T Vol. 24h: $58.61 B inflows reached about $1 billion on September 16, marking the largest single-day BTC inflow of the week.

Average whale deposits have jumped to roughly $214,000, up sharply from $63,000 in July, underscoring growing institutional engagement.

Popular crypto analyst Ali Martinez noted on X that altcoin deposits on Binance are also accelerating, with 25,000 recorded versus just 6,000 on Coinbase. The overall altcoin address activity has nearly doubled since early September.

Altcoin Season Ahead?

This exchange reserve upswing coincides with seasonal trends that have historically favored crypto bulls. Fourth quarters have often delivered double-digit gains for both Bitcoin and major altcoins.

With less than two weeks left in September, many traders are positioning for a potentially strong finish to the year.

Crypto analyst 0xNobler recently pointed out on X that September has often marked the beginning of strong altcoin rallies.

He predicts that many alternative cryptocurrencies could climb as much as 175x in the coming months, highlighting HYPE HYPE $57.97 24h volatility: 4.6% Market cap: $15.71 B Vol. 24h: $736.63 M , ONDO ONDO $1.05 24h volatility: 4.1% Market cap: $3.32 B Vol. 24h: $296.14 M , and SUI SUI $3.87 24h volatility: 7.7% Market cap: $13.84 B Vol. 24h: $2.09 B among his top picks for this cycle. This could be an important phase for investors looking for the next 1000x crypto tokens.

The broader crypto market has seen an upward trend on September 18, gaining 1.48% in market cap in the past day.

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