Darkfost says whale-sized stablecoin transfers into Binance have picked up

On-chain analyst Darkfost said in a post on X that whale inflows of stablecoins into Binance have risen noticeably in recent weeks, focusing on transfers worth more than $1 million each. Using a 30-day cumulative measure, the amount of stablecoins sent by this group to Binance climbed from $21.7 billion to $30.5 billion over a little more than a month, an increase of more than 40%. Darkfost said stablecoin inflows to exchanges often suggest capital is being positioned to enter the market, which could point to potential buying pressure. Even so, he noted that current deployment still looks relatively cautious compared with last October, when the same inflow figure briefly exceeded $61 billion. The update highlights a clear rise in large-ticket exchange deposits, while stopping short of suggesting that whale positioning has returned to the levels seen during that earlier period.