• Stablecoins Aren’t Leaving Exchanges. So Why Is Bitcoin Crashing?
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    Stablecoins Aren’t Leaving Exchanges. So Why Is Bitcoin Crashing?

    Stablecoins barely moved on exchanges since December 2024, yet Bitcoin swung over 50%. CryptoQuant data shows where the real pressure point sits. The number that keeps coming up is 0.412. That is where the Exchange Supply Ratio for ERC-20 stablecoins is sitting right now. According to a CryptoQuant QuickTake post published this week, the reading…

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