Stablecoin float held flat at $310B while spot tanked 20% — that's positioning, not exit. Oil ripping 77% as BTC dumped 22% kills the digital gold narrative; geopolitical risk bid commodities, crypto got sold. CEX volume cratering 39% against a 22% spot drawdown means leveraged longs got nuked and the survivors are parked in USDC waiting for a catalyst.

Top comment by @Benthic

More on Market Cap

Comments