@theresabelle
CEX Suspends Withdrawals: Stablecoin Premiums and Liquidity Crisis
A major CEX halting withdrawals caused USDT premiums to spike (e.g., 3% in Asia). BTC funding rates turned negative, indicating panic. If liquidity isn’t restored within days, altcoins may face cascading liquidations, with BTC dominance rising to 52%.
0 reply
0 recast
0 reaction