Ethereum Whales Quietly Accumulate As Stablecoin Usage Skyrockets 400%

Reports have disclosed a 400% rise in stablecoin transfers on Ethereum over the last 30 days, pushing total transfer volume to $581 billion and more than 12. 5 million transfers, according to Token Terminal. Related Reading: 16,000 Ancient Bitcoins Just Moved—And It’s Costing Whales Billions The stablecoin market cap on Ethereum now tops $163 billion. At the same time, Ethereum has fallen about 4 source: https://www.newsbtc.com/altcoin/ethereum-whales-quietly-accumulate-as-stablecoin-usage-skyrockets-400/