03-11-2022 17:00 via newsbtc.com

Stablecoin Exchange Inflow Mean Hits ATH, Why This Could Be Bullish For Bitcoin

On-chain data shows the stablecoin exchange inflow mean has reached a new all-time high, here’s why this might prove to be bullish for Bitcoin.
Stablecoin Exchange Inflow Mean Has Surged Up To A New ATH Recently
As pointed out by an analyst in a CryptoQuant post, these inflows can be positive for Bitcoin in the long term, but might be bearish in the short term.
The “stablecoin exchange inflow mean” is an indicator that measures the average amount of stablecoins per transaction
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