Stablecoin balances are still elevated. That's the part a lot of people are missing right now. If capital was genuinely leaving crypto, you'd expect stablecoin supply to be getting drained. Instead, a huge amount of money is still sitting on the sidelines. The capital hasn't disappeared. It's waiting. The question is what finally gives it a reason to move.

Stablecoin balances are still elevated.

That's the part a lot of people are missing right now.

If capital was genuinely leaving crypto, you'd expect stablecoin supply to be getting drained.

Instead, a huge amount of money is still sitting on the sidelines.

The capital hasn't disappeared.

It's waiting.

The question is what finally gives it a reason to move.

— That Martini Guy ₿ (@MartiniGuyYT) Jun 20, 2026