According to @milesdeutscher, the largest USDT inflow into exchanges since an earlier deleveraging event was observed yesterday. This movement indicates potential renewed interest from large institutional players. Such inflows may suggest upcoming trading activities or investment strategies that could impact market dynamics, as USDT is often used as a liquidity vehicle in cryptocurrency trading.

According to IntoTheBlock, $2.72 billion USDT was sent to exchanges this week, marking the largest net inflow since 2022. This significant movement coincides with a recent market dip, which triggered widespread liquidations. The influx suggests traders may be moving stablecoins to exchanges to provide additional collateral and protect their positions.