Bitcoin

Tether USDt

Ethereum

<ul><li>Santiment notes a decline in the exchange supply of Bitcoin and Ethereum.</li><li>The reduced exchange supply indicates traders&#39; growing confidence in holding their assets, signalling bullish market sentiment.</li><li>The influx of Tether suggests enhanced market liquidity, facilitating easier trading activities.</li></ul>Santiment, the esteemed blockchain intelligence firm, highlighted a significant trend, a notable shift in the exchange supply of Bitcoin and Ethereum. The supply of these leading cryptocurrencies on exchanges has declined, a trend many interpret as a positive sign for the market.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/064b2e07628648c28fb5ca593529bfd2.png" />The decrease in exchange supply suggests that traders are increasingly confident in holding onto their assets, commonly called &#34;holding&#34; in the crypto community. This trend is often seen as an indicator of a bullish market sentiment, as fewer people are willing to sell their holdings. When traders opt to hold their cryptocurrencies rather than sell them, it could decrease selling pressure, positively impacting the price of these digital assets.Adding to the optimistic outlook is the movement of Tether back onto exchanges. Tether, a stablecoin often used as a gateway for buying and selling other cryptocurrencies, has reached its highest level on exchanges since March. This is considered a significant indicator of future buying interest in the market.The influx of Tether onto exchanges could mean several things. For one, it suggests increased liquidity in the market, making it easier for traders to buy and sell. Moreover, the high level of Tether could also indicate traders gearing up for future investments in other cryptocurrencies, including Bitcoin and Ethereum.Read full article at <a href="https://cryptotale.org/btc-and-eth-exchange-supply-dips-usdts-surge-signals-market-shift/" rel="noopener noreferrer nofollow">CryptoTale.</a>

BTC and ETH Exchange Supply Dips; USDT's Surge Signals Market Shift

CryptoTale

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