The good news is that the outflow is decreasing. But the supply of stablecoins on the exchange is still relatively high.
Before the significant inflow of USDC back to the exchange The market definitely won't have sustainability. It is essentially liquidity harvesting.
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USDC continues to flow out of the exchange.
The good news is that the outflow is decreasing.
But the supply of stablecoins on the exchange is still relatively high.
Before the significant inflow of USDC back to the exchange
The market definitely won't have sustainability.
It is essentially liquidity harvesting.