Key Notes

$1.4 billion USDT entered the largest crypto exchange in 24 hours.

Crypto liquidations plunged to nearly $500 million.

Bitcoin and Ethereum see mild gains as the market-wide volatility cools down.

After losing roughly $400 billion in 24 hours, the crypto market is finally seeing a modest incline with expectations of a recovery.

Cryptocurrency traders and investors deposited 1.4 billion USDT tokens via ERC-20 to Binance over the past 24 hours, according to data from Coinglass. The total amount of USDT deposits into centralized crypto exchanges reached $1.81 billion.

A sudden increase in stablecoin inflows typically signals a potential accumulation of Bitcoin ( BTC ) and altcoins.

The USDT deposits come as crypto liquidations, which reached a record $19.35 billion on

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