Major CEX Attracted $6B in Stablecoin Inflows Over March and April

Gate News message, April 27 — According to CryptoQuant analyst Darkfost, a major centralized exchange attracted $6 billion in stablecoin inflows across March and April, with April alone seeing nearly $3.5 billion in net inflows.

This marks a significant reversal from the approximately $7.6 billion in net outflows recorded previously. The shift in stablecoin flow dynamics occurred despite heightened U.S.-Iran tensions and rising inflation concerns weighing on risk assets.

Darkfost noted that when inflows at major exchanges exceed outflows, it typically signals market participants repositioning to participate in the ongoing recovery observed over the past two months. If this trend persists, it could provide support to the near-term market recovery.

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