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TechFlow reports, on February 7, according to Intotheblock monitoring, $2.72 billion worth of USDT flowed into exchanges this week—the largest net inflow since 2022. This surge coincided with massive liquidations triggered by recent market declines, as traders likely moved stablecoins to exchanges to increase collateral and protect leveraged positions.
According to Intotheblock monitoring, $2.72 billion worth of USDT flowed into exchanges this week, marking the largest net inflow since 2022. This surge coincided with massive liquidations triggered by the recent market downturn, as traders likely moved stablecoins to exchanges to increase collateral and protect leveraged positions.
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