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CryptoGlobe 2024-01-31 01:25:00

Crypto Whales Accumulate Over Half of Stablecoin Supply, Boosting Bullish Sentiment

Large cryptocurrency investors, colloquially known as whales, have been increasingly accumulating stablecoins over the last few weeks, to the point that they now control over half of the combined stablecoin supply. That’s according to popular on-chain analytics firm Santiment, which has recently noted that since September the stablecoin market has been growing, to the point

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