$14.2B of stablecoins left crypto in 30 days 💸
Biggest drop since 2022 (Glassnode).
$USDT: −$6.6B in 60 days, 2× its post-FTX drop (CryptoQuant).
This week:
Tue: Nasdaq +2.7%, $BTC +0.2%
Wed: Nasdaq +1.6%, BTC −0.2%
Stablecoins are the cash that becomes bids. That's the missing buyer.
What funds the next rally? 👇
#Stablecoins #BTC #Crypto
Biggest drop since 2022 (Glassnode).
$USDT: −$6.6B in 60 days, 2× its post-FTX drop (CryptoQuant).
This week:
Tue: Nasdaq +2.7%, $BTC +0.2%
Wed: Nasdaq +1.6%, BTC −0.2%
Stablecoins are the cash that becomes bids. That's the missing buyer.
What funds the next rally? 👇
#Stablecoins #BTC #Crypto
