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USDT inflows hit record highs: What this means for Bitcoin and the market

AMBCrypto LogoAMBCrypto23h ago

USDT inflows hit record highs: What this means for Bitcoin and the market - AMBCrypto

Quick Summary:

USDT exchange inflows soar to over $1.8 billion, marking the second time within six days.

This surge hints at bullish moves for Bitcoin.

As per the chart from CryptoQuant, the total netflow reached $1.84 billion on major exchanges, indicating a substantial inflow of USDT.


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USDT inflows hit record highs: What this means for Bitcoin and the market - AMBCrypto (Picture 1)USDT inflows hit record highs: What this means for Bitcoin and the market - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Adewale Olarinde

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 14:00:18 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 541 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23571795

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 19 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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  • URL: https://beamstart.com/news/usdt-inflows-hit-record-highs-17315073494493

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