Ethereum-based USDT sees largest exchange net outflow in 3 months, signaling shifts in stablecoin liquidity.

Ethereum-based USDT experienced its biggest net outflow from centralized exchanges in nearly three months, indicating a significant movement of stablecoin liquidity. This outflow means more USDT left exchanges than entered, which could suggest holders are moving funds to self-custody wallets, DeFi protocols, or other chains like Tron or Solana. While notable, this single-day outflow does not confirm a market trend and could be due to various reasons such as institutional rebalancing or exchange maintenance. Market watchers should monitor for sustained outflows or additional indicators to understand the impact on crypto markets.