According to João Wedson, head of research firm Alphractal, the majority of TRON-based USDT transfers are flowing through Binance, which is responsible for around 62% of the total daily volume. That translates to between $2.5 billion and $3 billion in stablecoin movements every day.
Historically, spikes of this magnitude in USDT transactions have often preceded sharp price action across crypto markets. While the cause isn’t always clear-cut, Wedson noted that this time, the activity may reflect deeper engagement from institutional players.
At the same time, Alphractal reports another interesting trend: long-dormant Bitcoin wallets are coming back to life. As BTC continues to climb, these older coins—untouched for years—are re-entering circulation. Analysts believe the growing excitement around spot ETFs is one of the main forces behind this shift, signaling a more responsive and liquid market environment.
Together, the rise in TRON-based USDT flows and the activation of dormant BTC supply paint a picture of a crypto market that’s bracing for its next big move.
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