Analysts: Binance attracted $6 billion in stablecoin inflows in March and April.

CoinFeed reported on April 27th that CryptoQuant analyst Darkfost published an article on the X platform stating that Binance attracted $6 billion in stablecoin inflows in March and April, with nearly $3.5 billion flowing in during April alone, a stark contrast to the approximately $7.6 billion net outflow previously seen. Despite escalating US-Iran tensions increasing market uncertainty and rising inflation concerns weighing on risk assets, the stablecoin inflow trend has clearly shifted. The analyst points out that when inflows exceed outflows on major exchanges, it indicates that some markets are beginning to reposition themselves to participate in the gradual recovery of the past two months. If this trend continues, it could provide support for a more positive market trend in the short term.