Analysts: Binance attracted a total of US$6 billion in stable currency inflows in March and April

CryptoQuant analyst Darkfost posted on the X platform that Binance attracted a total of US$6 billion in stablecoin inflows in March and April, of which the net inflow of stablecoin in April was nearly US$3.5 billion, in sharp contrast to the previous net outflow of approximately US$7.6 billion. Although increased tensions between the United States and Iran have increased market uncertainty and fears of a rebound in inflation are not good for risky assets, the trend of stablecoin inflows has shifted significantly. Analysts pointed out that when inflows exceed outflows on large exchanges, it indicates that some markets are beginning to reorganize to participate in the gradual recovery that has been in the past two months. If this trend continues, it may provide support for a market that becomes positive in the short term.