Crypto analysis platform Santiment revealed a surge in stablecoin holdings by large investors. Their data shows that wallets containing at least $5 million in cryptocurrency have collectively added 5.09% of the total supply of leading stablecoins like Tether (USDT), USD Coin (USDC), and Binance USD (BUSD) over the past three weeks.
Source: Santiment news
This significant accumulation, exceeding $143 billion (143.02B BTC), marks the highest combined market cap for these stablecoins since 2022. Interesti…
The post Large Investors Boost Stablecoin Holdings as Stablecoin Hits Highest Market Cap Since 2022 appeared first on Coin Edition.
Crypto analysis platform Santiment revealed a surge in stablecoin holdings by large investors. Their data shows that wallets containing at least $5 million in cryptocurrency have collectively added 5.09% of the total supply of leading stablecoins like Tether (USDT), USD Coin (USDC), and Binance USD (BUSD) over the past three weeks.
Source: Santiment news
This significant accumulation, exceeding $143 billion (143.02B BTC), marks the highest combined market cap for these stablecoins since 2022. Interesti…
The post Large Investors Boost Stablecoin Holdings as Stablecoin Hits Highest Market Cap Since 2022 appeared first on Coin Edition.