Yello, ParadiseClub Members! 😎 Are you noticing the shifts in stablecoin inflows? Here’s a breakdown of what’s happening in the market:
💎The average stablecoin inflows (USDC and USDT) across all exchanges has slightly decreased recently, but it’s still above the annual average. Simply put, there’s been a minor drop, yet the inflow remains higher than usual. In 2021, we saw a similar pattern after China’s mining lockdown; currently, stablecoin inflows are about 60% higher than then. Historically, a drop in stablecoin inflows can signal a change in market dynamics. In 2021, this pattern preceded significant market shifts.
💎According to our ParadiseTeam Professional Traders, the decrease in stablecoin inflows coupled with low liquidity over the past six months has led to a massive sell-off. Short-term holders (STH) are trading their BTC at a loss, making this the most significant sell-off of this cycle. This sell-off is a reaction to the reduced liquidity, and it’s crucial to watch how it affects the market moving forward.
Stay focused, patient, and disciplined Paradisers🥂
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