Today, stablecoins buy 15-times as much Bitcoin as in early 2018, this could bode well for the next bull run, if and when, it happens.
Source: https://cointelegraph.com/news/high-stablecoin-buying-power-could-predict-bitcoins-next-bull-run
High Stablecoin Buying Power Could Predict Bitcoin’s Next Bull Run
July 14, 2020
CoinTelegraph