Binance has recorded a historic inflow of the stablecoin USDT, exceeding $2.2 billion in the last 24 hours — the highest figure since November 2025. This significant capital movement occurred against the backdrop of Bitcoin maintaining a stable position near $74,000 and an increase in spot demand.
This is reported by Business • Media
Record USDT Volumes and Market Impact
On March 18, 2026, Binance recorded the largest single-day deposit of stablecoins in the past year and a half. Analysts link this influx to active market financing by major players responding to Bitcoin’s price breakthrough. Experts believe the current level of liquidity allows the market to effectively absorb selling pressure, demonstrating high confidence among key market participants.
Structural Reaccumulation and New Market Trends
CryptoQuant notes that the market is in a phase of so-called “structural reaccumulation.” In the last 24 hours, 18,933 BTC have been withdrawn from exchanges, indicating a transfer of assets by institutional investors to cold wallets. Analysts also highlight a number of key indicators that confirm the formation of new market dynamics:
- Open interest (OI) remains at around $22.7 billion, close to yearly lows.
- The Whale Ratio stands at 0.61 — indicating moderate selling pressure.
- Strong spot demand offsets potential risks from derivatives.
Experts emphasize that the current rally is supported by the spot market rather than excessive leverage. Additionally, a so-called “upward asymmetry” is forming — evidenced by a positive Coinbase Premium, indicating high demand among U.S. investors. At the same time, the ratio of Bitcoin reserves to stablecoins on Binance has fallen to 1.12 (below the critical level of 1.45), which analysts refer to as “dry powder” for further market movement.
“The correlation between the first cryptocurrency and gold has dropped to -0.88 — the lowest level since November 2022, experts noted.”
This low correlation means that Bitcoin and gold are moving in opposite directions with significant intensity. Meanwhile, capital is flowing into Bitcoin, supporting its current rise, while the price of gold is slightly declining.
Previously, analysts had noted that Bitcoin serves as a “haven of calm” amid geopolitical tensions, particularly in light of the situation in Iran, which is also influencing the growing popularity of this asset among investors.