According to a market report released by Glassnode on November 11, the total supply of stablecoins decreased by $14.2 billion in the past 30 days, marking the largest drop since June 2022. During the same period, US spot Bitcoin ETFs saw a net outflow of $1.6 billion over the past 20 trading days, and the 30-day average of the Coinbase Bitcoin premium remained negative, with the discount reaching its largest level since February of this year. Glassnode pointed out that the contraction in stablecoin supply, ETF outflows, and weak demand in the US market indicate that the crypto market is facing liquidity pressures. https://wublock123.com/news/news-71813