Recent surge in prices of major crypto assets have not led to high selling pressure among investors, as indicated by decreased flows to crypto exchanges.
Bitcoin, ether, and XRP are experiencing significantly reduced inflows and deposits on exchanges despite nearing all-time highs, implying investors are more inclined towards holding than selling.
BTC inflows to exchanges have dropped from 121,000 to 22,000 daily, while ETH inflows fell 70% and XRP deposits declined from 4 billion to 46 million.
Amid this trend, Tether (USDT) reserves on exchanges have reached an all-time high of $46.9 billion, contributing to increased market liquidity.