According to Deep Tide TechFlow, on November 27, IntoTheBlock data shows that the net outflow of stablecoins from exchanges reached its highest level since April. Analysis indicates that, combined with the recent strong price performance in the crypto market, this phenomenon suggests that traders are locking in profits.
These outflowing funds are expected to be redeployed to the altcoin market, or held as reserve funds waiting to enter the market during future corrections.