[Analysis] "Bitfinex deposits surpass $230 million…similar to early last year"

Source
Uk Jin

Summary

  • CryptoQuant contributor Nino reported that as of January 25, Bitfinex’s stablecoin reserve balance surpassed $230 million.
  • Nino said the figure reflects a pattern similar to 2025, noting that at the end of January there was a downtrend, followed by an uptrend in early July.
  • Nino emphasized that while a similar pattern does not necessarily mean a trend reversal, the indicator suggests the market may be nearing an important inflection point.

Forecast Trend Report by Period

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As the digital asset (cryptocurrency) market continues to show persistent weakness, an indicator has emerged pointing to a market trajectory similar to last year’s.

In a report released on the 31st (Korea time), CryptoQuant contributor Nino said, "As of January 25, Bitfinex’s stablecoin (a digital asset pegged to a fiat currency) reserve balance has surpassed $230 million," adding that "this mirrors a pattern similar to 2025." He continued, "At that time, the market was in a downtrend at the end of January, followed by an uptrend in early July."

The contributor stressed that "of course, a similar pattern does not necessarily imply a trend reversal," but added that "this indicator suggests the market may be approaching an important inflection point."

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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