Santiment: USDT on the Ethereum network saw its largest exchange net outflow in nearly three months this Friday

ChainCatcher news, Santiment stated on platform X that Tether (based on Ethereum) experienced the largest exchange outflow in nearly three months, with a net outflow of $1.29 billion (USDT) on Friday. Such a large-scale USDT outflow typically reflects that institutional or whale-level participants are moving funds to self-custody wallets, DeFi protocols, or OTC platforms in preparation for larger-scale operations. This is merely a reallocation of funds, not a complete exit from the ecosystem.

Santiment recommends closely monitoring what typically happens after these outflow peaks. Previously, on February 9, when outflows reached $3.72 billion, Bitcoin experienced a slight pullback in the following two weeks (before an ideal buy opportunity appeared on February 24). Whether these funds will return to exchanges as buy orders in the short term is a key variable to watch. If USDT starts returning to exchanges in the coming days, it would indicate that a wave of crypto asset investment is approaching.