CryptoQuant: Stablecoins are flowing into crypto exchanges, there are liquidity inflows.

Analysts at #CryptoQuant are recording an increase in net inflows of stablecoins to exchanges. According to the data on the chart, over 1.65 billion $ in stablecoins has entered #Binance alone in recent days, making it one of the largest inflows of the summer. Historically, such spikes coincide with "buying the dips" phases and at least local rebounds of #BTC.

On the chart, the peak on Binance stands out among other platforms, as this is where the potential demand is concentrated.

Such spikes in inflows do not necessarily indicate an immediate market rise. Moreover, the last spike occurred at the establishment of the ATH on August 14, after which the price of #BTC went down.

Stablecoins can enter for hedging or market making, so the signal remains probabilistic. But it exists and should be considered.