Stablecoin Inflows Drive Market Amid Reduced Sell-Off Pressure

Recent analysis by CryptoQuant reveals that stablecoin inflows are playing a key role in mitigating market volatility. According to analyst Axel, the net price spread on trading platforms remains positive, calculated as the difference between the inflow of stablecoins and the outflow of Bitcoin (BTC) and Ethereum (ETH). This positive spread, averaging $1 billion over the past 30 days, demonstrates a consistent influx of stablecoin assets compared to outflows of major cryptocurrencies like Bitcoin and Ethereum.