$BTC This is really not a joke. In June, 3.67 billion US dollars worth of the stablecoins related to $BTC were sent by Korean investors to exchanges overseas. Bro, this is already the 18th consecutive month of capital flowing out. Look at the data—there’s a clear “everything just rushes out” kind of momentum. How should I put it? It’s probably that local market enthusiasm isn’t as strong as the international market. This looks more like capital is seeking an exit for liquidity. In the short term, it’s unlikely to affect the overall market sentiment. Just watch as a spectator—don’t let these little moves scare you.
(via beincrypto)
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