According to CoinMeta, analyst Darkfost stated that Binance recorded a net inflow of stablecoins exceeding $1 billion in August, but since the beginning of the year, there has been a cumulative net outflow of about $5.1 billion. During the same period, the reserves of stablecoins on major exchanges decreased by over $16 billion, and market liquidity continued to drain. Bitcoin rose by about 25% in August, once again reaching above $75,000. Darkfost pointed out that if market demand cannot continue to recover, Bitcoin may still enter a new round of adjustment.