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TechFlow reports, on October 12, Leon Waidmann, Research Head at Onchain HQ, posted on X that data shows USDT balances across major cryptocurrency exchanges have surged by 146% to $22.7 billion, reaching an all-time high.
Waidmann noted that historically, this typically signals strong buying pressure incoming for Bitcoin and the broader crypto market.
Onchain HQ research head Leon Waidmann posted on X, showing data that USDT balances across major cryptocurrency exchanges have surged 146% to $22.7 billion, reaching an all-time high. Waidmann noted that historically, this usually signals strong incoming buying pressure for Bitcoin and the broader crypto market.
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