Traders Positions to Buy the Dip as Over $1.2B USDT Flows Into Exchanges via Tron Network
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More than $1.2 billion in USDT entered exchanges this week. The Tron blockchain processed most of these transfers. Stablecoin’s on-chain volume reached $72 billion yesterday, marking the highest since February. Between April 1 and April 8, over $1.2 billion worth of Tether (USDT) flowed into centralized exchanges, primarily through the Tron blockchain. This movement suggests active repositioning by crypto traders during the recent market pullback, as per IntoTheBlock. What Does the Inflow Data Show? Data from IntoTheBlock shows a steady increase in USDT inflows across major exchanges during the week. The trend peaked on April 7 with a day of strong net positive flow, meaning much more USDT entered exchanges than left. Specifically, net inflows approached $200 million on April 1, followed by a brief dip. Activity surged again around April 7 before cooling slightly on April 8. The bulk of these transfers reportedly occurred via the Tron network, a popular choice for stablecoin movements owing to its typically low fees and fast transaction times. Related: Trump Tariffs Shock Markets: Crypto Loses $100B, Bitcoin Price Unstable Why Are Trade… The post Traders Positions to Buy the Dip as Over $1.2B USDT Flows Into Exchanges via Tron Network appeared first on Coin Edition .
Source: Coin Edition
