Bitcoinist
2024-11-08 03:30:28

Exchanges Receive 2nd Largest Stablecoin Inflows Ever: Fuel For Bitcoin?

On-chain data shows the exchanges have just received large stablecoin inflows, something that could end up benefiting the Bitcoin rally. Stablecoin Exchange Inflows Have Spiked Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the Exchange Inflow for stablecoins has registered a sharp jump. The “Exchange Inflow” here refers to an on-chain

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