So, how can they know the crypto is getting liquidated into fiat currencies?
Excuse me but I'm trying to confirm some self reinforcing biases here; if you don't mind pausing the critical thought for a moment that'd help me a lot.
Because it would be reflected in the price of the crypto-currency it fled to. What crypto-currency is up in the last 24 hours?
Users can migrate to USDC and other stablecoins rather than only fiat.
same thing
Not really.
“Everybody is exiting crypto for another type of crypto” wouldn’t be much of a headline.