[Crypto Market Liquidity Tightens, Binance Stablecoin Reserves Hit Lowest Level This Year] BlockBeats reports on October 21 that, according to data from crypto analyst Darkfost, stablecoin reserves on centralized exchanges (CEX) have been declining recently, with Binance's stablecoin reserves reaching their lowest level this year. Data shows that the market value of stablecoins on Binance has been in a downward trend since June, decreasing by approximately 4.7% over the past 90 days. Darkfost also pointed out that the decline in stablecoin reserves is not an issue unique to Binance. This outflow of stablecoins will continue to put pressure on the market, as the lack of incoming liquidity exacerbates the current weakness. To reverse the situation, the market needs to see funds flowing back into CEX, which would signal a recovery in demand. [Original Link]