IntoTheBlock: USDT worth $2.72 billion flowed into exchanges this week

Odaily News According to data disclosed by IntoTheBlock, $2.72 billion worth of USDT flowed into exchanges this week, marking the largest single-week net inflow since 2022. This surge appears to coincide with the recent market decline that triggered large-scale liquidations, which may prompt traders to transfer stablecoins to exchanges to increase collateral and protect leveraged positions.