ERC-20 stablecoin users sent $9.3b to Binance, Coinbase

Nov 7, 2024  · After Donald Trump was declared the winner, Binance and Coinbase received the second-largest tranche of Ethereum stablecoin deposits in crypto history. Users moved …


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ERC-20 Stablecoin Users Sent $9.3b To Binance, Coinbase

2 weeks from now

Nov 7, 2024  · After Donald Trump was declared the winner, Binance and Coinbase received the second-largest tranche of Ethereum stablecoin deposits in crypto history. Users moved …

crypto.news

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Binance And Coinbase Record $9.3 Billion In Stablecoin Inflows ...

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Dec 12, 2024  · CryptoQuant, an on-chain analytics firm, revealed that Binance and Coinbase recorded $9.3 billion worth of stablecoin inflows shortly after Donald Trump’s presidential win. …

cryptopolitan.com

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ERC-20 Stablecoin Users Sent $9.3b To Binance, Coinbase

2 weeks from now

Nov 7, 2024  · Ethereum stablecoin holders transferred billions to centralized exchanges following the results of the 2024 U.S. presidential election. After Donald Trump was declared the winner, …

crosat.com

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Binance And Coinbase Exchanges Receive A Massive $9.3 Billion …

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Nov 6, 2024  · This marks the second largest influx of ERC-20 stablecoins since their inception. Of the total $9.3 billion, Binance received approximately $4.3 billion and Coinbase inflow around …

cryptoquant.com

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$9.3B Stablecoin Exchange Inflows Have Traders Bracing Higher

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ERC-20 stablecoins flood exchanges. Following the US presidential election results on Nov. 6, a substantial $9.3 billion worth of ERC-20 stablecoins were deposited into cryptocurrency …

msn.com

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$9.3 Billion In Stablecoins Flows Into Binance And Coinbase, What …

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On November 6, 2024, the two giants of crypto exchange received a massive influx of stablecoins. Binance captured the largest share with $4.3 billion in deposits, while Coinbase attracted $3.4 …

cointribune.com

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Binance And Coinbase See $9.3B Stablecoin Inflow Amid Bull Run …

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Nov 9, 2024  · In this instance, Binance absorbed the largest share of the influx, receiving approximately $4.3 billion in ERC-20 stablecoins, while Coinbase saw inflows of around $3.4 …

thecurrencyanalytics.com

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$9.3B ERC-20 Stablecoin Inflow To Exchanges Following ... - Binance

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This marks the second-largest influx of ERC-20 stablecoins ever recorded. Among the major exchanges, Binance received approximately $4.3 billion, while Coinbase saw $3.4 billion in …

binance.com

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$9.3B Stablecoin Exchange Inflows Have Traders Bracing Higher …

2 weeks from now

Nov 8, 2024  · Following the US presidential election results on Nov. 6, a substantial $9.3 billion worth of ERC-20 stablecoins were deposited into cryptocurrency exchanges, according to data …

cointelegraph.com

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$9.3B ERC-20 Stablecoin Inflow To Exchanges Following Elections ...

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Nov 8, 2024  · ERC-20 Stablecoins Flood Into Exchanges. According to CryptoQuant’s latest analysis, there has been a significant surge in ERC-20 stablecoin inflows, totaling $9.3 billion, …

cryptopotato.com

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$9.3B Stablecoin Exchange Inflows Have Traders Bracing Higher

2 weeks from now

ERC-20 stablecoins flood exchanges. ... Of the total $9.3 billion, Binance’s share was approximately $4.3 billion and Coinbase comprised around $3.4 billion. Historically, large …

bitget.com

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$9.3B Stablecoin Exchange Inflows Have Traders Bracing

2 weeks from now

Nov 8, 2024  · Of the total $9.3 billion, Binance’s share was approximately $4.3 billion and Coinbase comprised around $3.4 billion. Historically, large-scale inflows of stablecoins to …

tradingview.com

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$9.3B ERC-20 Tokens Flood Exchanges: Impact On Ethereum?

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This represents the second-largest influx of ERC-20 stablecoins since their inception. Breaking down these deposits, Binance received around $4.3 billion, while Coinbase saw an inflow of …

ambcrypto.com

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$9.3B ERC-20 Stablecoin Inflow To Exchanges Following Elections ...

2 weeks from now

Following the results, data showed billions worth of ERC-20 stablecoins flowing into exchanges. This could potentially signal an extension of the current rally. ... Binance received …

cryptorank.io

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Binance Exchange Reserves Hit Record 25% As Top-Tier Exchanges …

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Nov 13, 2024  · Out of the $9.3 billion worth of ERC-20 stablecoins deposited not these exchanges, $4.3 billion flowed to Binance, while $3.4 billion moved to the Nasdaq-listed …

cryptoglobe.com

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Stablecoin Reserves (ERC-20) On Binance Hit All-Time High By $28.0B

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The chart highlights the total ERC-20 stablecoin reserves on Binance, showcasing significant trends: - Decline and Recovery: Reserves dropped to $7 billion in 2023 but have surged 300% …

binance.com

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$9.3B ERC-20 Tokens Flood Exchanges: What It Means For …

2 weeks from now

Nov 9, 2024  · In the wake of recent U.S. presidential election results, a noteworthy $9.3 billion worth of ERC-20 stablecoins entered the market, marking the second-largest stablecoin inflow …

thecurrencyanalytics.com

FAQs about ERC-20 stablecoin users sent $9.3b to Binance, Coinbase Coupon?

What happened to ERC-20 stablecoins after the US presidential election?

Following the US presidential election results on Nov. 6, a substantial $9.3 billion worth of ERC-20 stablecoins were deposited into cryptocurrency exchanges, according to data from market intelligence firm CryptoQuant. “This marks the second largest influx of ERC-20 stablecoins since their inception,” CryptoQuant explained in a Nov. 7 post on X. ...

Does Binance still support ERC-20 tokens?

As of November 2019, Binance still supports ERC-20 Binance Coin (BNB) tokens and allows users to convert them to the native BEP-2 tokens. However, users are no longer able to withdraw the ERC-20 tokens. ...

Why are stablecoin inflows on the rise?

Stablecoin inflows to cryptocurrency exchanges are seeing a sharp rise after Donald Trump’s win in the United States presidential race and the 25 basis point cut by the Federal Reserve on Nov. 7. ...

What's going on with Bitcoin & stablecoin?

Stablecoin inflows to exchanges spike and Bitcoin price hits a new all-time just below $77,000 as investors prepare for a new crypto era under Trump’s presidency. ...

Did Blackrock's bitcoin ETF reclaim inflow status?

Of these, $1.1 billion in inflows went into BlackRock’s spot Bitcoin ETF (IBIT) whose flows flipped positive reclaiming inflow status after two consecutive days of outflows totaling $113.3 million. This is the biggest inflow since January. ...

Will BTC outperform other risk-on assets?

“We expect BTC to carry less risk premium compared to equities, potentially positioning it to outperform other risk-on assets.” Meanwhile, the Coinbase Premium Index, a metric that tracks the Bitcoin price difference between Coinbase and Binance, spiked to 0.098 on Nov. 6, its highest since April 14. ...

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