USDC Exchange Inflows Hit $350M—Traders Buying The Bitcoin Dip?
On-chain data shows USDC exchange inflows have witnessed a spike after the latest Bitcoin pullback, a potential sign that traders are looking to buy the dip. USDC Exchange Inflows Have Spiked To $350 Million As pointed out by on-chain analyst Maartunn in an X post, a notable amount of USDC has hit exchanges recently. The indicator of interest here is the “Exchange Inflow,” which tracks the total number of tokens of a given asset that investors are transferring to wallets connected to centralized
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