Crypto market research firm Santiment published an article on the X platform stating that on-chain data shows that BTC prices rebounded during the three largest surges in active USDT addresses on the BNB Chain over the past year. This is because USDT is the primary currency of account for most exchanges, and the BNB Chain handles a large volume of daily transfers. When funds flow frequently between wallets and exchanges, the number of active addresses surges. More active addresses mean more funds ready to be invested in trading, especially on Binance. When this liquidity flows from stablecoins into Bitcoin, buying pressure increases, and prices often rebound accordingly.