In the past 5 days, the Exchange Stablecoins Ratio has decreased from 0.00002736 → 0.00002625.
👉 Simply put: More stablecoins on the exchange, less Bitcoin on the exchange → meaning abundant money, low selling pressure.
At the same time, the Stablecoin Supply Ratio (SSR) has also decreased. Additional data:
Binance received a net +1.8 billion USD stablecoin.
Tether “minted” 1 billion USDT.
BTC/ETH ETFs continue to attract capital.
🎯 Conclusion: The likelihood of a deep short-term BTC dump is low. Stablecoins at this moment act like a “buffer” to maintain price, but it is necessary to monitor whether the cash flow is genuinely buying spot or just flowing into Futures.
