Why are Bitcoin whales sending $30.5B to Binance?

Bitcoin whales have boosted stablecoin deposits to Binance by more than 40% in just over a month, lifting a 30-day cumulative inflow total to $30.5 billion as BTC trades around $84,700. CryptoQuant contributor Darkfost said the metric tracks stablecoin deposits worth more than $1 million entering Binance. However, the figure is cumulative and does not show how much stablecoin remains unused or whether it’s ultimately used to buy Bitcoin. Darkfost described it as large investors gradually adding dollar-linked liquidity, while noting exchange-flow data can’t confirm strategy. Price action remains mixed: BTC is about 33% below its $126,080 record.