Phyrex
Phyrex|Apr 25, 2025 18:15
Actually, this viewpoint was also written in the weekly report, and I really enjoy discussing this issue with my friends. From the data, it can be seen that the recent increase in BTC prices in the past two weeks has been accompanied by an increase in the market value of USDT and USDC (green area), but the increase is not very significant. This indicates that the current rise is not driven by external capital injection, but more by the activation of on exchange funds.
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