IntoTheBlock: Net outflow of stablecoins from the exchange reached the highest level since April in November

Odaily Planet Daily News: According to IntoTheBlock data, the net outflow of stablecoins from the exchange reached its highest level since April in November. Analysis suggests that, combined with the recent strong price performance in the cryptocurrency market, this phenomenon indicates that traders are locking in profits. These outflow funds are expected to be redeployed to the altcoin market or used as reserve funds to enter the market in the event of a future market downturn.