Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

Binance USDT Reserves Rise as U.S.-Linked Bitcoin Buying Lags

Picture: TokenPost

Bitcoin (BTC) wallets holding 1,000 to 10,000 coins have swung back to net accumulation, but weak U.S.-linked demand readings leave Binance’s larger Tether (USDT) reserve balance short of evidence that BTC buying has strengthened. The group’s rolling 60-day net position moved from a 62,600 BTC decline to a 5,230 BTC increase. A positive reading means the cohort added to its holdings on balance during that window. The change points to a reversal among these large holders, but does not establish that accumulation has spread to other groups.

You are reading an excerpt. TokenPost wrote and owns the full article.

Continue reading at tokenpost.com

Related stories

More crypto news

All Crypto & Bitcoin