USDT supply dropped $6.6B in 60 days. That's 2x worse than the post-FTX collapse in Dec 2022.
This is a liquidity drain signal. When $USDT supply contracts this hard, it usually means:
• Capital rotating out of stables into fiat
• Risk-off mode kicking in
• Lower buying power across the board
FTX fallout was brutal, but this is even steeper. Market's bleeding liquidity right when we need it most.
Keep an eye on stablecoin flows. If this continues, don't expect a sustained pump anytime soon.
This is a liquidity drain signal. When $USDT supply contracts this hard, it usually means:
• Capital rotating out of stables into fiat
• Risk-off mode kicking in
• Lower buying power across the board
FTX fallout was brutal, but this is even steeper. Market's bleeding liquidity right when we need it most.
Keep an eye on stablecoin flows. If this continues, don't expect a sustained pump anytime soon.