๐ฆ๐๐ฎ๐ฏ๐น๐ฒ๐ฐ๐ผ๐ถ๐ป ๐ฆ๐๐ฝ๐ฝ๐น๐ ๐ผ๐ป ๐๐ ๐ฐ๐ต๐ฎ๐ป๐ด๐ฒ๐ ๐๐ถ๐ฝ๐ ๐๐ผ ๐๐ผ๐๐ฒ๐๐ ๐๐ฒ๐๐ฒ๐น๐ โ ๐๐ถ๐พ๐๐ถ๐ฑ๐ถ๐๐ ๐ฃ๐๐บ๐ฝ ๐ผ๐ฟ ๐ช๐ฎ๐ฟ๐ป๐ถ๐ป๐ด ๐ฆ๐ถ๐ด๐ป?
โ The Exchange Stablecoins Ratio โ which tracks how many stablecoins sit on exchanges relative to Bitcoinโs market value โ has kept falling, now hitting its lowest point in recent months.
๐ This decline often means traders are using stablecoins to buy Bitcoin, adding fresh liquidity and pushing prices higher.
โ ๏ธ But analysts caution: as Bitcoin trades near historically high levels, the chance of profit-taking or a sudden shift in sentiment increases โ especially if prices continue climbing sharply.
In summary: fewer stablecoins on exchanges shows current demand, but it also raises the risk of sharp corrections if big holders decide to cash out.