Recent reports indicate that the supply of USDT has decreased by over $3 billion in the past 60 days, a situation reminiscent of the market conditions during the FTX collapse. This decline in stablecoin supply typically signals that investors are withdrawing capital from the crypto markets, which has historically marked the end of selloffs and the beginning of market reversals. As liquidity is a crucial driver in the crypto space, the stabilization of these outflows may suggest a potential shift in the market dynamics.
Tether USDT supply declines over $3B, signaling potential market shift
