Stablecoin supplies [USD bn]

2023년 1월 22일

This script shows crypto market inflows/outflows by showing the USD stablecoin supplies, using data from https://glassnode.com/:

BUSD_SUPPLY

USDT_SUPPLY

USDC_SUPPLY

Using a simple 20 EMA, the line will change color showing stablecoin inflow or outflow. Traders can consider stable coin inflows (green) as bullish for Bitcoin price, while stable coin outflows (red) should be considered bearish for price.

2023년 2월 22일

릴리즈 노트

Script title update

2023년 10월 22일

릴리즈 노트

Designed to visualize the total liquidity of major stablecoins in the cryptocurrency market. The liquidity is calculated by summing the supply values of five leading stablecoins: USDT, BUSD, USDC, DAI, and TUSD.

Based on the comparison of the current liquidity value with its EMA, the script colors the plotted line either green (when above the EMA) or red (when below the EMA), helping traders visually identify bullish or bearish liquidity trends.