The net inflow of USDT has turned positive, and the correlation between BTC's mid-term performance is evident

Recent analysis shows that the net flow of USDT into the exchange is strongly negatively correlated with the mid-term performance of BTC. During the high market stage, the daily net outflow of USDT was about $100 million to $200 million, and when BTC reached its peak price of $126000, the average net outflow over 30 days exceeded $220 million. At present, the trend of net outflow has eased, and the flow of funds has returned to positive. （glassnode）