The USDT balance in the exchange wallet hits a new high for the year and continues to rise
The exchange has held more USDT. Earlier this month, the change in the 7-day moving average of the USDT balance held by the exchange wallet increased to $568 million, which is the highest in a year. Since early February, the moving average has remained positive, indicating that the amount of USDT held by exchanges continues to grow.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP price hits $1.51 as whale opens $3 million long position with 20x leverage
CoreWeave CEO Michael Intrator sells over 13,000 shares for $1.2M
Bitcoin ETFs Pull in Nearly $1B Over 3 Days — Strongest Streak Since BTC Traded Above $80K
Stacks enables Bitcoin staking in 19 days with PoX-5 hardfork
Crypto prices
More
