Analyst: Since August, the USDT holdings of the exchange have increased rapidly.

On September 10th, Yonseident, an analyst from CryptoQuant, revealed that since August, the amount of USDT stablecoin held by exchanges has increased rapidly. However, from March to July, USDT did not experience significant fluctuations in price fluctuations. When Stable Coin flows into the exchange and increases holdings, it is generally understood as funds waiting to be purchased, which will have a positive impact on the price. However, an increase in holdings does not necessarily mean a price pump. Because it is a "backup fund", if the market is uncertain or the global economy is in difficulty, it may not buy due to risk aversion.