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The exchange stablecoin ratio (ESR) is an on-chain metric that indicates the balance of liquidity between Bitcoin and stablecoins held on exchanges. The metric is calculated as the ratio of the total Bitcoin reserves to the total stablecoin reserves, essentially showing the market’s buying power and selling pressure. A low ESR indicates that stablecoin reserves […]
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Go here to Read this Fast! Exchange stablecoin ratio hits record low, fueling Bitcoin surge
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Exchange stablecoin ratio hits record low, fueling Bitcoin surge
