Investors delay the main transformations between Stablecoin and other encrypted currencies

• The Binance Stablecoin reserves remained stagnant during the past year, indicating that investors are returning from great financial steps.

• The last bitcoin prices did not convince investors to withdraw Stablecoins and invest in other encrypted currencies.

• Investors reserve a cautious situation in order to receive more signals about the state of the economy.

Take a look at the Binance’s Stablecoin reserves that they remained in a narrow band during the past year, swinging between 30 and 34 billion dollars. The lack of growth in Stablecoin reserves indicates that investors are frequented in Stablecoins trading for other most dangerous assets, such as Bitcoin and Ethereum.

The numbers in Binance are a fixed level of Stablecoin reserves since 2022

Also known as “FIAT currencies”, Stablecoins is designed to maintain their value by linking them to currencies like the US dollar. Investors can be kept as a temporary safe origin while circulating their next step in the market.

Scheme of his foot Ali explains Only the amount of investors who hinder the encryption activity at the present time. The graph reveals a comparison between two main lines, representing the price of bitcoin and the amount of Stablecoins preserved on Binance.

Source: x @ali_charts

The price of the Binance’s Bitcoin appears on the black line, while the light gray line indicates the amount of Stablecoins ERC20 stored on the stock exchange. Stablecoin reserves show a pattern to increase and then settle from mid -2012 to the present day.

On the other hand, the black line indicates the bullish trend in BTC prices even with the remaining investors and withholding large sums of the market.

Stablecoin reserve levels indicate the length of the market frequency

Currently, the chart was published, Bitcoin prices amounted to 103,599.71 dollars, with a decrease of 0.16 % in the time frame for 24 hours. as Stablecoin Reserves reached about $ 30.6 billion, after they witnessed a slight decline in more than $ 227 million.

The slight fluctuations in the reserves indicate that there are a few wholesale investor transactions in the market recently. Such few changes to reserves indicate a mixture of positive feelings and uncomfortable in the market.

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