The two leading stablecoins are seeing increased inflows into centralized exchanges, suggesting a potential buying spree.

According to data provided by IntoTheBlock, Tether (USDT) saw its exchange net flows rise from a net outflow of $43 million on Nov. 2 to a net inflow of $218 million on Nov. 4. 

Data shows that USD Coin’s (USDC) CEX net flows also shifted from a net outflow of $18.5 million on Nov. 3 to a net inflow of $33.6 million yesterday.

The total amount of stablecoins entering cryptos exchanges surpassed the $250 million mark on Nov. 4, ITB data shows.

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The bullish case

Stablecoin inflows usually suggest the investor enthusiasm to accumulate Bitcoin (BTC) and altcoins. According to data …