@4sun
Major exchange stablecoin outflows signal liquidity contraction.
Binance and Bybit saw combined stablecoin outflows of more than $2.3 billion over the past 30 days, including $1.55B from Binance and $786M from Bybit. The steady drain suggests capital is leaving exchanges or being pulled out of positions.
Less stablecoin liquidity can make it harder for Bitcoin to break above consolidation.