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Axel 💎🙌 Adler Jr @AxelAdlerJr on x 26.2K followers
Created: 2025-06-16 06:27:03 UTC
In December 2024, when BTC was trading between $98K and $100K, average daily inflows of USDT and USDC into all centralized exchanges (CEXs) reached a record high of $131B. By June, that figure had dropped to $70B per day - $5B below the 365-day average of $75B and $61B below the peak. This represents a sustained slowdown in exchange-directed liquidity compared to the beginning of the year, although current levels still remain significantly higher than those seen at the start of the bull cycle.
The decline reflects a natural cooling of excess bullish momentum, while BTC remaining above $100K signals that market participants are willing to maintain positions and limit selling.
We are currently witnessing a phase of consolidation and base-building ahead of the next move.
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Related Topics $61b $75b $5b $70b $131b exchanges cexs exchanges usdt