Santiment posted on social media that from August 19 to October 16, 3.54% of the total supply of USDT and 0.72% of the total supply of USDC were transferred to exchanges. These transfers were a precursor to the overall rebound of cryptocurrencies from late October to mid-November. After a period of cooling off, USDT and USDC have returned.
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Santiment: Before the market rebounded, USDT accounting for 3.54% of the total supply and USDC accounting for 0.72% of the total supply were transferred to the exchange
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