Judging the current investor trend through stablecoin data, is it buying or selling?
First of all, let’s talk about the conclusion. A large number of USDT transfers into exchanges have exceeded the peak of the bull market in 2021, but most of these USDT are still accumulating in exchanges, and there is a high possibility of waiting for better opportunities.
USDC has also exceeded the transfer volume of the peak of the bull market in 2021, and these USDCs have not formed a large accumulation, but converted into purchasing power.
Therefore, it can be inferred that the main users in Asia and Europe have begun to lay out, but it is not time to end the game. However, the daily transfer funds are increasing, and the accumulated funds are also increasing, so it should not be far from the outbreak period, and American investors have indeed been buying, and the purchase volume is not small. $BTC $ETH $USDC
The data summary of USDT flowing into exchanges in the past five years shows that the first peak was when the#BTCprice doubled in 2021, indicating that the buying sentiment in these two time periods was very strong, and it can be seen that since 2020, the data of USDT transfers into exchanges has been