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More than 1.07 billion USDCs flowed into CEX today, consistent with market bottom characteristics
Cryptoquant crypto analyst Maartunn released a chart report. Today, more than 1.07 billion USDC flowed into the centralized trading platform. Backtesting historical data, the increase of USDC in the trading platform usually has a positive impact on the price of Bitcoin. For example, after the FTX crash in December 2022, similar trades appeared every day, which finally coincided with the bottom characteristics of the bear market. Today at around 5:00 pm, more than $1 billion of USDC flowed into t...
2025-02-04 23:47:16
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