Binance Whale Stablecoin Inflows Halve as Bhutan, Miners Sell

On June 6, monthly stablecoin inflows from $1M+ wallets into Binance fell nearly 50% to $33 billion since September, signaling reduced large-investor participation amid geopolitical tensions. The drop follows June 5 warnings from Compass Point that Bitcoin’s bear market may be bottoming, with long-term holders offloading over $2 billion and spot ETFs seeing 13 straight days of outflows. Adding to supply pressure, a 2010 miner wallet moved 20 BTC ($1.5 million) after 15 years of dormancy while Bhutan transferred 738 BTC ($45 million) as part of its 9,180 BTC divestment at an average $98,067 per coin. Bitcoin remains below $70,000 with no immediate price reaction to the flows.