The inflow of stablecoins into exchanges has been increasing over the past month (Figure 1). Why is the market still so sluggish? 🥲🙃#usdt #usdc

So I made a comparison chart of the inflow of stablecoins when the last bull market started (assuming 2020) and the inflow in 2024 (Figure 2)

It can be seen that the inflow of stablecoins has increased significantly, but the market is still half-dead, and the copycat has reached a new low. Which big guy can explain why this is? 😼