Analysis: Net Inflow of Stablecoin Trading Platforms Ends 113-Day Outflow Streak, Liquidity Signal Shifts to Neutral

BlockBeats News, September 3rd. CryptoQuant analyst Axel Adler Jr. published a post stating that the net flow of stablecoin trading platforms turned positive for the first time on September 1st after experiencing 113 consecutive days of net outflows, indicating a shift in the previous continuous outflow of stablecoin liquidity. The 30-day average net flow of stablecoin (ERC20) trading platforms has remained below zero from May 11th to August 31st, accumulating 113 days in a net outflow state. On September 1st, this metric rose to $13.85 million, then fell to: September 2nd: $11.66 million.

On September 3rd, the two-day net inflow scale of $6.85 million decreased by approximately 51%, indicating that the current situation should be seen as a shift in the liquidity environment from continuous outflows to a balanced stage, rather than a confirmation of large-scale fund inflows. At the same time, the Stablecoin Supply Ratio (SSR) is declining from its August peak. The SSR was 13.84 on September 1st, with the 90-day, 200-day, and 365-day oscillation indicators all remaining positive, showing that the relative purchasing power of stablecoins is improving but has not yet returned to a clearly expansionary stage.

The current market signal remains in a neutral state. If the future net inflows of stablecoin trading platforms continue to expand while the SSR continues to decline, it may further confirm a liquidity reversal in the crypto market. If the net flow falls back below zero, it would mean that this improvement is likely just a temporary change.