markets·61d ago
Exchange Stablecoin Reserves Slip 20% to $64B, CryptoQuant Says
Stablecoin holdings on centralized exchanges fell to about $64 billion from an $80 billion peak, with Binance holding most of the liquidity.
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Stablecoin holdings on centralized exchanges fell to about $64 billion from an $80 billion peak, with Binance holding most of the liquidity.

A CryptoQuant analyst points to Bitcoin UTXO data as an indicator that capitulation may be underway, historically a buying opportunity for long-term holders.
On-chain data firm CryptoQuant warned MicroStrategy to pause Bitcoin purchases, but the company had already started rebuilding its cash reserves.