10x Research: Since the Bitcoin halving, the inflow of stablecoins has seen nearly zero growth, and the leverage of Bitcoin futures has significantly decreased

ChainCatcher news, 10x Research posted on the X platform stating that two months ago, 10x Research expressed the view that after the Bitcoin halving, the crypto market would enter a downturn rather than an upturn. Currently, some data indicators are confirming this judgment.

From the beginning of this year to the halving (April 20), approximately $42 billion of liquidity flowed into the crypto market. However, since the halving, the inflow of stablecoins has seen almost zero growth, and the leverage ratio of Bitcoin futures has also significantly decreased.