Stablecoins Record New Inflow High Near $10 Billion

Stablecoin inflows to cryptocurrency exchanges reached an all-time monthly high, suggesting rising investor interest and potential for Bitcoin to hit $100,000 by the end of November.

Over the past 30 days, stablecoin inflows surpassed $9.7 billion, marking the largest monthly inflow ever recorded.

Leon Waidmann, head of research at The Onchain Foundation, highlighted this surge in a Nov. 21 post on X:

“Stablecoin inflows to exchanges hit $9.7B in 30 days! The LARGEST monthly inflow EVER. Stablecoin liquidity is back. Speculative demand continues to explode!”

This unprecedented stablecoin activity could drive Bitcoin toward $100,000, aligning with November’s historical trend as the most bullish month for BTC.

Rising stablecoin inflows are often interpreted as a sign of incoming buying pressure, as they provide liquidity and serve as a primary bridge between fiat currencies and cryptocurrencies.

The impact of stablecoin inflows on Bitcoin’s price has been notable in the past.

For example, from Aug. 5–9, Tether minted $1.3 billion worth of USDT when Bitcoin reached a five-month low of $49,500. This influx supported Bitcoin’s 21% recovery to $60,200 by Aug. 9.

Analysts remain optimistic about Bitcoin reaching $100,000 before the month’s end. Ryan Lee, chief analyst at Bitget Research, shared his insights with Cointelegraph:

“If history repeats itself and Bitcoin prices grow as projected, a 14.7% from the current price level will push the coin well above the $100,000 target for the month. The post-halving cycle trend is also very positive when projecting the future of Bitcoin.”

Spot Bitcoin exchange-traded fund (ETF) inflows are also contributing to Bitcoin’s price momentum.

Data from Farside Investors reveals that U.S. Bitcoin ETFs accumulated over $773 million in net positive inflows on Nov. 20, marking the third consecutive green day.

U.S. spot Bitcoin ETFs have maintained positive momentum, recording their sixth consecutive week of net positive inflows.

During the trading week of Nov. 11–15 alone, they amassed over $1.67 billion, further bolstering Bitcoin’s price trajectory.

Sources:

https://cointelegraph.com/news/record-stablecoin-inflows-bitcoin-100k-target

https://www.tradingview.com/chart/3Z94myyP/?symbol=BITSTAMP%3ABTCUSD

https://farside.co.uk/btc/