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What is Stablecoins Ratio?

BTC reserve divided by the sum of all stablecoins reserve held by an exchange. \text{Stablecoins Ratio} = \frac{\text{BTC Reserve}} {\text{All Stablecoins Reserve}}\\\ Stablecoins Ratio(USD)= BTC Reserve in USDAll Stablecoins Reserve\text{Stablecoins Ratio(USD)} = \frac{\text{ BTC Reserve in USD}} {\text{All Stablecoins Reserve}}

How to interpret Stablecoins Ratio

This usually indicates potential sell pressure. Query this metric directly from the CryptoQuant Data API: