- DAI and USDT are the only major stablecoins that have grown in market cap over the past few days, while USDC falls sharply and BUSD continues to wind down.
- In particular, DAI has seen a $6.14m increase in Smart Money holdings in the past day. However, the netflow is still negative for the week.
- It will be important to keep track of a consistent rise in unique Smart Money addresses holding DAI (and other stablecoins) over the next few days and weeks as an indicator of restored confidence. The Smart Money DAI holdings and unique Smart Money addresses can be tracked on Token God Mode. Note...