Nansen data shows that KuCoin experienced a large-scale stablecoin outflow today, second only to FTX, and it is suspected that Alameda is withdrawing liquidity.

Wu said that according to Nansen data, KuCoin had a large-scale stablecoin outflow today, second only to FTX, and was suspected to be Alameda withdrawing liquidity. KuCoin responded to Wu that this was a misunderstanding. When replacing ERC20 USDT with TRC20 USDT, the data in the Nansen chart only counted the outflow but not the inflow.