@andoriginal
Tether sees $1.29 billion outflow in sign of bullish accumulation
The sudden exodus of $1.29 billion in USDT from exchanges signals a decisive rotation of dry powder off the sidelines, implying that sophisticated capital is quietly stockpiling liquidity to absorb incoming volatility rather than chasing immediate price action.
On-chain data shows $1.29 billion of Tether's USDT stablecoin was moved off exchanges on May 9, the largest outflow in months, suggesting a potential bullish shift in investor sentiment.
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