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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.