Thanks to the reminder from a friend, I checked the data up to 8 AM today regarding the outflow of stablecoins, and indeed there has been a slight outflow of USDC, though the amount isn't significant. Additionally, there has been a small inflow today, and it is evident that at the beginning of the week, the total market cap of USDC finally broke through the previous high, surpassing the total issuance of USDC in the market before the Silicon Valley Bank collapse.
However, since Bitcoin dropped below $90,000, there has been some outflow of USDC. Compared to the peak value of $57.17 billion (57,171,705,921), it has decreased by $790 million (790,420,786), and the current total market cap of USDC is $56.38 billion (56,381,285,135).
If we analyze purely from the data, most investors still believe that there will be at least some good buying opportunities in the near future. (After all, funds are flowing in.)
Transcribed from Ni Sen