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Recent gains in the cryptocurrency market are being led by Binance and Coinbase, crypto analyst CW8900 said on X.
CW8900 said Binance took in $2.0261 billion in stablecoins and Coinbase received $1.4472 billion on Aug. 21, the day that saw the largest recent stablecoin inflows. Combined inflows to the two exchanges accounted for more than half of the total, CW8900 added.