Santiment: USDT on the Ethereum chain recorded the largest net outflow from exchanges in nearly three months this Friday

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

Santiment suggests closely monitoring what typically happens after these peaks in outflows. Previously, on February 9, when outflows reached $3.72 billion, Bitcoin experienced a slight pullback in the following two weeks (before an ideal buying opportunity on February 24). Whether the current funds will flow back into exchanges in the form of buying in the short term is a key variable to watch closely. If USDT starts to flow back into exchanges in the coming days, it indicates that a wave of investment in crypto assets is imminent.