$111M Stablecoins Flow Into Exchanges, Buying Pressure For Bitcoin?
On-chain data shows large amounts of stablecoins have entered exchanges recently, something that could provide buying pressure for Bitcoin.
Around $111 Million Stablecoins Flowed Into Exchanges In Last Couple Of Days
As pointed out by an analyst in a CryptoQuant post, the latest stablecoin inflow is the largest observed in this month so far.
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