What could this signal?
🚨 *Large exchange* may mean:
- Institutions *are moving from stablecoins to assets* such as $BTC , ETH or investments in the real world
- Funds *are preparing for expenditures or moving to fiat*
- It may also mean that *market participants see short-term uncertainty* and are taking profits
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📈 Bull market or Bear market?
🔹 *Bull market*:
- Burning reduces circulating stablecoins = *potentially less dry powder on the sidelines*
