tldr; Market makers have sent $100M in stablecoins to exchanges, increasing liquidity amid a crypto price slide. Notable deposits include Wintermute’s $42M USDT and Flow Traders’ $34.12M. These inflows may signal potential buying opportunities as stablecoin reserves on exchanges remain significant. The trend suggests a reversal with stablecoins returning to exchanges, possibly indicating buying pressure. USDT and USDC saw the largest net inflows, while FDUSD and GHO also showed notable activity.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
countjah on
Looks like it didn’t happen huh
Apart-Apple-Red on
Why not just print more USDt and buy more Bitcoin to prop up the price up? 😉
4 Comments
Market makers? We are the market makers.
We, with our $90, are what counts.
tldr; Market makers have sent $100M in stablecoins to exchanges, increasing liquidity amid a crypto price slide. Notable deposits include Wintermute’s $42M USDT and Flow Traders’ $34.12M. These inflows may signal potential buying opportunities as stablecoin reserves on exchanges remain significant. The trend suggests a reversal with stablecoins returning to exchanges, possibly indicating buying pressure. USDT and USDC saw the largest net inflows, while FDUSD and GHO also showed notable activity.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Looks like it didn’t happen huh
Why not just print more USDt and buy more Bitcoin to prop up the price up? 😉