Massive Stablecoin Inflows to Binance and Coinbase Hint at Bullish Market Rally After Trump Victory


Massive Stablecoin Inflows to Binance and Coinbase Hint at Bullish Market Rally After Trump Victory



Two leading cryptocurrency exchanges, Binance and Coinbase, saw a whopping $9.3 billion worth of stablecoin inflows on the Ethereum network after Republican candidate Donald Trump won the U.S. presidential election. According to analysis from on-chain analytics firm CryptoQuant, out of the $9.3 billion worth of ERC-20 stablecoins deposited not these exchanges, $4.3 billion flowed to […]



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