Santiment: A surge in active USDT addresses on the BNB Chain may be accompanied by a Bitcoin price rebound.

According to a report by Odaily Odaily, crypto market research firm Santiment published on the X platform that on-chain data shows that BTC prices rebounded during the three largest surges in active USDT addresses on the BNB Chain over the past year. This is because USDT is the primary currency of account for most trading platforms, and the BNB Chain handles a large volume of daily transfers. When funds flow frequently between wallets and trading platforms, the number of active addresses surges. More active addresses mean more funds available for trading, especially on Binance. When this liquidity flows from stablecoins to Bitcoin, buying pressure increases, and prices often rebound accordingly.