Important takeouts:
-
Binance’s USDT and USDC balance reached a record $31 billion in June 2025.
-
One analyst considers the reserve accumulation as a “brewing liquidity explosion,” and investors are awaiting clear Altcoin trading opportunities.
-
Over the past 90 days, Bitcoin dominance has steadily declined, suggesting a potential shift towards altcoins.
According to Crypto analyst Timo Oinonen, the much-anticipated AltSeseason could be on the horizon, highlighting the massive accumulation of Stablecoin reserves at Binance as a critical catalyst. Oinonen said it suggests that Binance’s USDT and USDC balances reached a record $31 billion in June 2025, potentially turning into Altcoins.
In an encrypted post, Oinonen explained that Binance’s high stubcoin reserve means “brewing fluidity explosion.”
Bitcoin (BTC) and stubcoin reserves were strongly correlated from 2023 to the second half of 2024, but since early 2025, the correlation has been reversed. While BTC continues to be drawn out, Stablecoins are flooded with Binance Wallets, indicating capital that can be deployed.
Global Stablecoin’s market capitalization is currently over $254 billion, with a liquidity inflow being clear as USDT leads at $159 billion and USDC leads at $62 billion. Oinonen claims that when this “dry powder” is allocated, the altcoin market can see an explosive upside down.
Similarly, Alpharactal CEO João Wedson noted that the Altcoin Season Index flashes signs of opportunity. With Bitcoin surpassing Altcoins over the past few months, Wedson believes it could be an ideal time to accumulate other tokens at discounted rates against BTC.
Related: In the second quarter, crypto funding surges reach $100 billion, the highest since early 2022
Bitcoin’s advantage is a breakout pattern with a total of two eyes
As Bitcoin consolidates near recent highs, the growing reserve imbalance against a decline in Binance and BTC domination suggests that Altcoins can quickly regain momentum. Over the past 90 days, Bitcoin’s advantage has gradually declined, indicating that capital may be spinning away from BTC. However, this shift has not yet been fully realized in the wider Altcoin market.
The total two charts representing the market capitalization of all cryptocurrencies except Bitcoin are below the significant resistance level of $1.25 trillion. Despite multiple attempts in May and June, the chart failed to see any damage to bullish structures in the daily time frame, instead forming a series of higher lows.
That said, current price action is beginning to shape potential cup-and-handle patterns, or bullish continuation setups. This pattern, if confirmed, carries an immediate upward target of $1.55 trillion if it could occur repeatedly between Q3 and Q4.
The definitive AltSeason has not yet appeared, but some signals have been adjusted. Bitcoin’s advantage is weakening, with Binance’s stubcoin reserves rising sharply to record levels, and market structures are caught up in serious resistance. These conditions could quickly migrate to a wider Altcoin Rally with the right catalyst.
Related: “Crypto Blue Chip ETF” Truth Social File S-1, Tracking Top Assets
This article does not include investment advice or recommendations. All investment and trading movements include risk and readers must do their own research when making decisions.
