According to BlockBeats, CryptoQuant analyst Axel has highlighted that the net price spread on trading platforms, calculated as the net stablecoin inflow minus the net BTC and ETH outflow, remains positive. The 30-day moving average stands at $1 billion, surpassing its long-term baseline. This indicates that the inflow of stablecoins is dominating over the net withdrawals of BTC and ETH from trading platforms, contributing to a continued easing of overall market sell-off pressure.

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