CW
According to @CW8900, the stablecoin market cap has remained at a high level since October last year, while BTC price is falling, showing a pattern different from the usual correlation.
However, since February, stablecoin supply is again on an upward trend, and capital inflow to the market continues.
Individual investors once exited the market and now have shifted to a whale‑led market.
From this structure, the view is that the crypto asset market is currently “undervalued.”
