According to ChainCatcher, CryptoQuant analyst Yonsei_dent revealed that exchanges’ USDT stablecoin holdings have increased rapidly since August.
From March to July, USDT did not see much volatility due to price fluctuations.
When stablecoins flow into exchanges and increase holdings, it is generally understood as funds waiting to be purchased, which will have a positive impact on prices.
However, increasing holdings does not necessarily mean price increases, because it is "reserve funds" and if the market trend is unclear or the global economy is in trouble, it may not be bought due to risk aversion.