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The net inflow of USDT to the exchange once again exceeds 1.3 billion USD in a single day

The net inflow of USDT to the exchange once again exceeds 1.3 billion USD in a single day

Bitget2024/11/12 14:47

PANews reported on November 12th, according to CryptoQuant data, the daily net inflow of USDT into exchanges has exceeded $1.3 billion for the second time in just six days, setting a new record. This large-scale influx of stablecoins brings significant purchasing power to the market and may drive up demand for Bitcoin and other cryptocurrencies, especially when these funds are strategically deployed.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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