USDT’s market capitalization fell by approximately $4 billion over 60 days, marking one of the steepest contractions in recent years according to CryptoQuant. Binance’s monthly futures volume dropped from $2.55 trillion in July 2025 to $1.40 trillion in July 2026. On OKX, the same metric fell to roughly $447 billion from over $1 trillion at its peak. Analyst Stacy Muur suggests this stablecoin outflow could indicate investors are leaving crypto altogether. Lower trading volumes mean thinner liquidity, making Bitcoin more sensitive to relatively small buying or selling flows.
Source: Read the original article

