Update on cash flow $BTC , Stablecoin and notable trends of the week
1. BTC
• Net cash flow out of exchanges:
• ~39,332 BTC equivalent to 4.14 billion USD has been withdrawn from exchanges in the past week.
• This is a positive signal, often reflecting the confidence of long-term investors when transferring assets out of exchanges for storage.
• BTC ETF cash flow:
• +2.17 billion USD in the past week, with no day recording negative cash flow.
• This shows increasing interest from institutions in BTC ETF funds.
2. Stablecoin
• USDT (Ethereum network):
• Net inflow to exchanges reached over 1.8 billion USD in the past week.
• This is a sign that new cash flow is preparing to enter the market, which may lead to strong volatility.
• Average spot volume:
• Gradually decreasing to around 100 billion USD/day.
• Reflecting market caution, especially ahead of this week's interest rate decision.
• Interest rate prediction:
• Probability of interest rate reduction reaches 93.4%, which could create upward momentum if confirmed.
3. Notable trends of the week
a. Real World Assets (RWA)
• Prominent projects:
• $ONDO: Aiming to tokenize traditional assets.
• $MKR: MakerDAO is expanding with RWA products to increase profits for the system.
b. DeFi (Decentralized Finance)
• Promising projects:
• $COW: Swap protocol focusing on low fees and security.
• $ENA, $EIGEN: New generation protocols with unique features in liquidity and staking.
c. AI (Artificial Intelligence)
• Projects attracting attention:
• $OLAS: Focusing on applying AI to DeFi.
• $SPEC: Using AI to analyze the market
