Derivative exchanges registered a massive outflow of $1.69 billion in stablecoin in a rare occurrence. A net outflow of such high magnitude is often seen as a bearish signal as analysts believe traders relocate their stablecoins in anticipation of a possible market correction. Traders often go for high leverage trade during bull runs and data The post Derivative Exchanges See $1.69B Stablecoin Outflow, Are Whales Moving to OTC Desks? appeared first on Coingape.