Data: 2.72 Billion USDT Flows Into Trading Platforms Yesterday, Largest Net Inflow Since June 2022
IntoTheBlock posted that 2.72 billion USDT flowed into trading platforms yesterday, the largest net inflow since June 2022.The surge in USDT inflows seems to coincide with the massive liquidation due to the recent market decline, which may have prompted traders to move the stablecoin to trading platforms to increase collateral and protect leveraged positions.
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