Stacks Founder: The outflow of liquidity from the crypto market may also be caused by the bloodsucking of the Anthropic IPO

Muneeb, the founder of the Bitcoin Layer 2 Stacks, posted on the X platform that liquidity is flowing out of the crypto market, which may be related to Anthropic's IPO next week. The reduction of $17 billion in stablecoin supply over the past month is an important indicator.

At the same time, he believes the world is becoming increasingly uncertain, with both new opportunities and new concerns. During such times, volatility will also increase. Bitcoin sets the ceiling for the entire crypto industry; what other projects do is irrelevant, as they will ultimately fade away with the decline of Bitcoin.