Just caught this from Santiment - Ethereum-based USDT saw a massive $1.29B net outflow from exchanges on Friday, the biggest dump in nearly three months. That's a pretty significant move. Usually when you see that kind of volume leaving exchanges, it's whales or institutions moving stablecoins to self-custody or into DeFi, getting ready for something bigger. They're not exiting, just repositioning. Worth noting that back in February when outflows hit $3.72B, Bitcoin pulled back for a couple weeks before things got interesting again on the 24th. So the question now is whether this USDT starts flowing back in soon. If it does, that typically signals buying pressure coming. Keep an eye on the next few days - if those stablecoins return to exchanges, could mean fresh capital is about to enter the market. Santiment's flagging this as something to monitor closely.

ETH-1.52%
BTC-0.7%
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