Groot🎭

@hamstertaptap

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Ki Young Ju, the founder and CEO of CryptoQuant, recently shared insights regarding the increasing supply ofstablecoins. He noted that this additional volume is insufficient to generate substantial buy-side liquidity, which is necessary to elevate Bitcoin (BTC) prices. Ju highlighted the current Bitcoin-to-Stablecoin Exchange Reserve Ratio, a key metric that compares the amount of Bitcoin held on exchanges to the volume of stablecoins. This ratio reveals that there is roughly six times more BTC available on exchanges than stablecoins.

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