Binance BTC/Stablecoin Reserve Ratio Just Entered a Zone That Has Marked Every Major Bitcoin Bottom
Latest data shows the Binance Bitcoin to Stablecoin Reserve Ratio has dropped into a historically low band that has coincided with major market bottoms in 2020 and 2023, while on-chain analysis suggests the concurrent decline in exchange stablecoin reserves reflects active deployment into Bitcoin purchases rather than capital leaving the market.
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