🚨 $14.2 BILLION JUST VANISHED FROM CRYPTO — THE LIQUIDITY DRAIN EXPLAINED
Stablecoin supply just shrank by $14.2 BILLION in 30 days — the biggest contraction since June 2022. Total supply is now below $280 BILLION. 👀
That means the dollars that buy crypto are drying up — and BTC is paying for it, pinned near ~$69,000 after crashing below $70,000, with ETF outflows now six days running.
Is this the liquidity bottom — or does the drain pull BTC under $68,000 next? 👇
#Bitcoin #BTC #Crypto
Stablecoin supply just shrank by $14.2 BILLION in 30 days — the biggest contraction since June 2022. Total supply is now below $280 BILLION. 👀
That means the dollars that buy crypto are drying up — and BTC is paying for it, pinned near ~$69,000 after crashing below $70,000, with ETF outflows now six days running.
Is this the liquidity bottom — or does the drain pull BTC under $68,000 next? 👇
#Bitcoin #BTC #Crypto