These past couple of nights, I've been monitoring the fee rates, and I casually looked at the stablecoin supply and ETF net inflows data. The group has started repeating phrases like "More stablecoins = the bull is coming" and "ETF inflows = skyrocket imminent"... I can understand, everyone just wants to find a simple button to press for an answer. But honestly, an increase in supply could mean someone is minting coins in preparation to buy, or it could just be exchanges/market makers moving bricks, swapping chains, or stockpiling to handle redemption pressures; the same goes for ETFs—net infl
View Original