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Analysis: Overall market selling pressure continues to ease, trading platform net price difference remains positive
Summary: In a recent update, CryptoQuant analyst Axel stated that the trading platform net price difference (stablecoin net flow - BTC+ETH net flow) remains in positive territory, with a 30-day moving average of +$1 billion, higher than its long-term baseline. This indicates that net cash (stablecoins) inflows and trading platform net BTC and ETH withdrawals are ...
In a recent update, CryptoQuant analyst Axel stated that the trading platform net price difference (stablecoin net flow - BTC+ETH net flow) remains in positive territory, with a 30-day moving average of +$1 billion, higher than its long-term baseline. This indicates that net cash (stablecoins) inflows and trading platform net BTC and ETH withdrawals are dominant, leading to a continued easing of overall market selling pressure.
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Link: Analysis: Overall market selling pressure continues to ease, trading platform net price difference remains positive [Copy]
