A notable increase of 400 million USDT reserves at OKX signals traders positioning for upcoming market shifts. Bitcoin (BTC) and Ethereum (ETH) gained 10.70% and 55% respectively in July, highlighting the market’s potential.
The USDT reserves at OKX rose by 4.62%, reflecting increased liquidity entering the market. Additionally, trader movements indicate a shift toward self-custody as total BTC supply on exchanges decreased.
The growing USDT reserves imply strategic positioning ahead of potential market adjustments. With the rise in stablecoin liquidity, traders appear ready to engage in the next market cycle.
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