The number of USDT and USDC stable coins that enter the exchange is slowly starting to increase.
Historically, you can check the graphs on the Santiment data. When the number of stable coins entering the exchange increased (for example, in December 2022, January and February 2023), the bitcoin price was followed by an increase.
So the increase in stable coins entering the exchange is a bullish signal, even though the data now shows stable coins coming in are still slowly not overflowing like early 2023. Stable coins enter the exchange = liquidity in the crypto market increases.
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The number of USDT and USDC stable coins that enter the exchange is slowly starting to increase.
Historically, you can check the graphs on the Santiment data. When the number of stable coins entering the exchange increased (for example, in December 2022, January and February 2023), the bitcoin price was followed by an increase.
So the increase in stable coins entering the exchange is a bullish signal, even though the data now shows stable coins coming in are still slowly not overflowing like early 2023. Stable coins enter the exchange = liquidity in the crypto market increases.
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