CryptoQuant Warns of Extreme Pressure on USDT Liquidity, Bitcoin Price May Be Approaching Bottom

Odaily News CryptoQuant posted an analysis on the X platform, stating that USDT is currently under extreme liquidity pressure, similar to the market bottom period in 2022. Meanwhile, the net inflow of stablecoins to exchanges has dropped from a high of $616 million in November 2025 to $27 million, indicating a weakening of marginal buying power, and "liquidity deployable to the crypto market is contracting." Furthermore, prediction market data shows that traders are increasing their bets on further declines in Bitcoin. The probability of Bitcoin falling below $55,000 on the decentralized prediction platform Polymarket has risen to 72%, with cumulative trading volume for related contracts reaching $12 billion. Additionally, the probabilities of falling below $50,000 and $45,000 are 67% and 47% respectively, with corresponding trading volumes of approximately $170,000 and $14 billion.