▼ Bearish
The supply of Tether (USDT) has decreased by $4 billion over the past 60 days, according to data from CryptoQuant.
In the last 11 days alone, there has been an $870 million reduction in USDT, suggesting that investors may be converting stablecoins back to fiat and exiting the crypto market.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.