Stablecoin flows on exchanges remain NEGATIVE. 📉 🔹 Exchange net position change is still below zero 🔹 Stablecoin balances on exchanges continue to decline 🔹 The negative trend has persisted for months That means less stablecoin liquidity is sitting on exchanges than before. Not exactly the setup you want to see for a strong risk-on move yet.
Leon WaidmannShare
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