📊 The charts reveal a compelling picture of liquidity dynamics:
1️⃣ BTC$BTC exchange balances continue to decline despite the price rally. This signals strong long-term holding — investors aren't rushing to sell, opting to keep their assets off exchanges.
2️⃣ Meanwhile, USDT$USDT (ERC-20) balances have surged sharply. Since early 2024, over $25B in new stablecoin liquidity has entered the system — a major boost of dry powder waiting to deploy.
💡 Conclusion: Selling pressure on spot #BTC is decreasing while liquidity in stables is building up. This sets the stage for the next impulsive move.
⏳ The fuel is loaded. It’s only a matter of time before it ignites.