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Knox BTC
One of the sharpest $USDT contractions in crypto history is happening right now.
60-day change: -$4 billion.
Last 11 days: -$870 million in supply.
Why it matters: stablecoins are the market's most immediate source of buying power.
When USDT shrinks, there is less capital available to absorb selling and fuel recoveries.
That is why $BTC Bitcoin's rebounds keep losing steam.
A real recovery needs $USDT to stop contracting and start expanding again.
