Binance USDT Reserves Slide Despite Inflow, Signaling Bitcoin Caution

On June 10, Bitcoin stablecoin liquidity on Binance deteriorated further, with ERC-20 reserves in the 23.5th percentile of their 30-day range and combined netflows at -$1.27 billion. An initial $223 million net USDT inflow reported earlier briefly lifted sentiment and turned the 7-day moving average positive to roughly $120 million around June 5, yet flows quickly returned to neutral. Broader data shows a 2.3% drop in reserves over 30 days and holdings remaining 12.4% below the December 2025 peak, indicating consolidation around the low $60K area rather than conditions for a sustained recovery.