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The total market capitalization of stablecoins has risen to $303 billion, a 0.74% increase over the past 7 days.

BlockBeats News, August 22nd, according to DefiLlama data, the current total market capitalization of stablecoins has reached $3030.79 billion, a 7-day increase of 0.74%, with USDT dominance rising to 60.43%.

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On-Chain Activity

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An Ethereum Whale that entered the market in February is suspected of liquidating its position, realizing a profit of $1.68 million.

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A certain whale's 4x long position worth $10.7 million LIQUIDATION, liquidation price $64.47

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