Stablecoin supplies [USD bn]

22 ม.ค. 2023

This script shows crypto market inflows/outflows by showing the USD stablecoin supplies, using data from https://glassnode.com/:

BBUSD_SUPPLY

UUSDT_SUPPLY

UUSDC_SUPPLY

Using a simple 20 EMA, the line will change color showing stablecoin inflow or outflow. Traders can consider stable coin inflows (green) as bullish for Bitcoin price, while stable coin outflows (red) should be considered bearish for price.

22 ก.พ. 2023

เอกสารเผยแพร่

Script title update

22 ต.ค. 2023

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Designed to visualize the total liquidity of major stablecoins in the cryptocurrency market. The liquidity is calculated by summing the supply values of five leading stablecoins: USDT, BUSD, USDC, DAI, and TUSD.

Based on the comparison of the current liquidity value with its EMA, the script colors the plotted line either green (when above the EMA) or red (when below the EMA), helping traders visually identify bullish or bearish liquidity trends.