Kripto Mevsimi
Stablecoin depositing transactions are decreasing
As we all know after FTX collapse, market participants scared about exchanges and outflowed from exchanges. However after FTX collapse , we started to see price was stable for o long time but stablecoin deposits also started to increase into exchanges. Right now there is a negative correlation between price & stablecoin deposits. Of course this is not the only one indicator which we need to check but Fed meeting will be held within this week and we also see this negative correlation. We can expect high volatility within this week however we need to be careful since there is not much dry powder coming into exchanges anymore.