Binance records $2.4B inflows amid crypto dip buying

Check out the link for free Bitcoin trading signals: https://telegram.me/btctradingclub

Crypto investors are still buying the dip following this week’s massive market rout, and this can be seen in exchange flows. 

On Aug. 8, on-chain analytics platform Lookonchain reported that the world’s largest crypto exchange, Binance, experienced a net inflow of $2.4 billion since the market dip on Aug. 5.

It added that the majority of that was in stablecoins with an inflow of $1.33 billion in USDT and $519 million in USDC. This suggests that retail has been buying the dip, it noted.

“Some investors appear confident in the market and are buying the dip.”

225% Profit on #MEW/USDT for our Members on On Futures, OKX,  Bybit, Kucoin

Our members enjoy continuous profits on Futures, OKX, Bybit, and KuCoin.

We are committed to providing top-quality signals to the trading community. Trading on Binance is highly profitable, and traders worldwide recognize its potential.

Join our Binance Group to be part of the leading Binance Trading community, just like many other traders.

Come and be a part of our Binance Group and profit with the Binance Futures BOT.