IntoTheBlock: 2.72 billion USDT flowed into the trading platform yesterday, the largest net inflow since June 2022
IntoTheBlock said in a post that 2.72 billion USDT flowed into the trading platform yesterday, the largest net inflow since June 2022.
The surge in USDT inflows appears to coincide with the large-scale liquidation caused by the recent market decline, which may prompt traders to move stablecoins to trading platforms to increase collateral and protect leveraged positions.