Stablecoin inflows outpace outflows, but activity trails the weekly norm
Net cash flow reached +$102.26M as deposits hit $570.95M against $468.69M in withdrawals, yet total flow sits at just 0.36x the 7‑day average of $2.88B.
Stablecoin deposits of $570.95M, led by USDT at $394.29M in versus $311.43M out, exceeded withdrawals of $468.69M over 24 hours. This leaves a net +$102.26M in deployable liquidity on tracked venues.
However, the gross $1.04B in combined flow is only 0.36x the seven‑day daily average, suggesting the overall placement tempo has cooled even as the net tilt leans toward loading. The imbalance is a positioning whisper, not a conviction wave, absent a return to normal volume.
Net cash crept onto exchanges, but the subdued pace keeps it as a potential precursor rather than an immediate risk‑on signal.