Traders Moved Billions To Binance Ahead Of Fed Rate Cut Decision
Ahead of the decision, traders were moving billions into Binance, which signalled rising confidence and preparation for a potential rally.
Binance led all exchanges with $2.1B in stablecoin inflows (USDT and USDC), fueled by large whale deposits averaging $214K—double July levels.
It also dominated altcoin activity, capturing 25K of the 55K total deposits in the past week and 19K unique addresses.
The surge shows Binance was the top choice for high-liquidity trading and positioning in anticipation of market volatility.
Sources: Binance and CryptoQuant

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