Stablecoins Flow Into Spot Exchanges, Fuel For Christmas Bitcoin Rally?

On-chain data shows the number of stablecoin transactions going into spot exchanges have risen recently, something that could help fuel a Christmas Bitcoin rally.
Stablecoin Deposits To Spot Exchanges Have Shown Increasing Demand Recently
As pointed out by an analyst in a CryptoQuant post, there has been an increasing demand on spot exchanges recently. The relevant indicator here is the “stablecoin exchange depositing transactions,” which measures the total number of transfers involv