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Crypto

Binance BTC and ETH Holdings Slide While USDT Stays Firm

Guavy AI Editorial Team
Instruments
BTC ETH USDT BNB
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Binance's Bitcoin holdings have declined by about 3.3% over the past week, while its Ether holdings fell by around 3%. In contrast, Binance's USDT holdings remained high at $38.1 billion.

The decline in BTC and ETH balances on Binance coincided with a period of decreased liquidity in these assets. According to CryptoQuant, whether this stablecoin liquidity remains on the sidelines or shifts into spot buying demand will be the key signal.

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