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Looking at the volume of funds transferred to exchanges, it is evident that the amount of USDT transferred to exchanges in the past two days has been increasing, and the increase is significant. On one hand, this corresponds to expectations of trade negotiations between China and the United States, and on the other hand, it shows that Asian investors are starting to chase the trend, which is why cryptocurrency prices have risen well in recent days during Asian trading hours.
However, in terms of fund volume, the daily inflow of USDT had been less than $1 billion for a long time, and only in the past two days has the transfer reached around $1.5 billion.
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As for USDC, it is obvious that the amount of funds transferred to exchanges has been declining in the past three weeks, and there are even signs of falling below the average. However, even with the declining amount of funds transferred to exchanges, it can still be maintained at around US$2 billion per day.

This also shows that European and American investors are still the main purchasing power in the current cryptocurrency market. The main trading time in Europe and the United States, especially the main trading time in the United States, is still the time when BTC trading volume is the highest. American investors are still the main buyers, but the amount of funds and trading volume of American investors have declined significantly, and there is a lack of price stimulation in the market.
In particular, from the data of ETFs, it can be seen that for a long time recently, although the price of BTC is still good, the purchasing power of traditional investors will be far behind that in November 2024. In this wave of buying starting from April 2025, the investment of investors in the cryptocurrency field is obviously greater than that of traditional investors.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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