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Stablecoin supply is shrinking fast. Total supply fell $14.2B in 30 days, the fastest contraction since June 2022. A turn back to growth would be the first sign of new money. More on recent buyers, large wallets and bids below price in this week's Week On-chain report
Bitcoin has been grinding down and stablecoin supply is shrinking fast; the fastest contraction since June 2022. Our latest Week On-chain report contains eight more analyses, including cost basis, ETF flows, wallet accumulation and much more.
$BTC - Update Quite simply, bulls need to hold this level here. $USDT is also at the range high, so as long as we can find ground here we should be good for relief. I am waiting personally to enter though.
$USDT Dominance - Update Once we get that drop it is game on for Crypto this weekend.
