Binance Buying Power Hits 2024 Lows as Stablecoin Reserves Fall 18%

Something important is unfolding at Binance, and it centers on liquidity. According to CryptoQuant, the exchange’s 90-day Buying Power Ratio, which compares stablecoin reserves to Bitcoin outflows, has fallen to -0.086. This means the amount of available stablecoin “dry powder” on Binance is at its lowest level in more than a year. The last time […] Read The Full Article Binance Buying Power Hits 2024 Lows as Stablecoin Reserves Fall 18% On Coin Edition.