Seems like risk-on sentiment is coming back ๐
according to
@CoinDesk , as of May12, the majors index (BTC, ETH, SOL, BNB) is up 8.2% this month so far, well ahead of the S&P 500 ( 2.4%), Gold ( 1.5%), Oil (-3.6%) & Brent (-3.5%)
money is flowing back into crypto across the board:
ETFs: $1.51B โ๏ธ
stablecoins: $2.49B โ๏ธ
CEXs: $3.3B โ๏ธ
guess what?
@binance captured 78% of all net CEX inflowsโฆ mind blowing ๐คฏ
another interesting thing is that Binance recorded $887M in WETH deposits this month (likely de-risking from the LRT/restaking complex post-KelpDAO), while BTC saw net outflows of $400M
donโt miss the wave, position yourself where the liquidity is flowing, join Binance ๐๐
accounts.binance.com/en/regiโฆ