Warning: Money in the crypto market is retreating fast. In less than 20 days, The total market cap of USDT + USDC has evaporated by approximately: $2.19 billion. This data is more noteworthy than how much BTC has fluctuated today. Why? Because stablecoins are the "on-chain cash" of the crypto space. Stablecoin increase ＝ New funds entering the market ＝ More ammo to buy BTC, ETH, and altcoins. But now, it’s the complete opposite: Stablecoins are continuously flowing out. Which means— Liquidity is leaving Crypto. Without new liquidity, It’s harder for rebounds to sustain; And for altcoins that rely heavily on capital inflows, The pressure could be even greater. A lot of people ask every day: "Has BTC bottomed out?" But the real question should be: "Has the money come back?" Right now, the answer this chart gives is: Not yet. Liquidity is leaving. Not good. ⚠️