In recent days, the cryptocurrency market has witnessed significant volatility in Stablecoin on the two main platforms, Ethereum and Hyperliquid. According to data from Lookonchain, over the past 7 days, the amount of Stablecoin, mainly and , on the Ethereum network has increased by $1.3 billion. This increase indicates a significant shift in cryptocurrency trading activity on this platform.
In contrast, on the Hyperliquid platform, the amount of Stablecoin has decreased. Specifically, the amount of and has decreased by $77 million, reflecting a trend opposite to Ethereum. This decrease can be explained by various factors such as market volatility, investor preferences, or changes in the trading strategies of financial institutions.
The conversion and fluctuation of Stablecoin on these two systems is an important signal that investors need to pay attention to. This is evidence of the dynamism and constant change in the cryptocurrency market, requiring investors to always be cautious and prudent in their investment decisions. However, it is important to note that this information is only for providing market data and should not be considered as investment advice.