• Bitcoin outflows from exchanges peaked at $148 billion when it hit $88K, establishing a strong support base.
• Now, an even more robust base has emerged, a signal you should approach with caution.

With a capped supply of 21 million, Bitcoin’s [BTC] market cap has soared past $2 trillion, with each BTC valued at $102,383 at the time of writing. Clearly. the stakes have never been higher.

While Bitcoin still trails traditional 20th-century assets with $450 trillion tied up in bonds and real estate, the king coin’s rapid jump from $67K to $102K in just 40 days signals a future that’s hard to ignore.

But, as is often the case with fast gains, the short-term outlook for Bitcoin is far from certain.

With $148 billion in stablecoins flooding the market at the $88K mark, these investors have already bagged a 15% profit, making this price point look like a golden entry.

As history shows, the temptation to cash out at a significant gain could be too strong to resist. This creates a high-stakes situation, putting investors’ risk appetite to the test as the market braces for potential sell-offs.

Massive stablecoin influx could be a warning signal

Typically, when stablecoins flood into exchanges, it signals a bullish outlook. Investors are positioning themselves to buy Bitcoin once market volatility settles.

This trend became particularly clear during the election, when the “Trump pump” brought in massive liquidity, with $2 billion worth of USDT minted.

Economically, the influx of stablecoins was directly tied to a surge in Bitcoin demand, pushing its price to $88K in under a week. 

The demand for BTC peaked at this price point, with $148 billion in stablecoins, especially ERC-20 tokens, flooding i

Go to Source to See Full Article
Author: Ripley G