Stablecoin

Ethereum

when

Spot

Higher

<ul>
 <li>ERC-20 stablecoin inflows topped $640M on a 7-day MA, with Binance taking $566M, its third-largest intake.</li>
 <li>Ethereum spot demand followed, with 5,355 ETH leaving Binance over Nov. 5 to 7, a classic accumulation signature.</li>
 <li>Bitcoin open interest slipped from $11B to $10.8B, showing traders are rotating from leveraged trades to spot flows.</li>
</ul>
Fresh data from <a href="https://cryptoquant.com/insights/quicktake/690d9d68d829ee42599dd32c-Stablecoin-Wave-Hits-Binance-ETH-Spot-Demand-Overpowers-Cooling-Derivatives-Markhttps://cryptoquant.com/insights/quicktake/690d9d68d829ee42599dd32c-Stablecoin-Wave-Hits-Binance-ETH-Spot-Demand-Overpowers-Cooling-Derivatives-Mark" target="_blank" rel="noopener noreferrer nofollow">CryptoQuant</a> showed ERC-20 stablecoin net inflows to exchanges climbed above $640 million on a seven-day moving average.
Binance absorbed about $566 million of that total, nearly 90% of the liquidity, marking the exchange’s third-largest stablecoin intake on record. The move came after October’s choppy deposit pattern, when net inflows swung from roughly $300 million to near zero. By early November, deposits pushed back over $600 million, signalling that “dry powder” was returning to the market and landing most…
Read The Full Article <a href="https://coinedition.com/stablecoins-rush-into-binance-ether-becomes-main-accumulation-target/" rel="noopener noreferrer nofollow">Binance Soaks Up 90% Of ERC-20 Stablecoin Deposits, Pushing ETH Higher On Spot</a> On <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Binance Soaks Up 90% Of ERC-20 Stablecoin Deposits, Pushing ETH Higher On Spot

Coin Edition

Other articles published on Nov 7, 2025

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