Stablecoins Ratio
BTC reserve divided by all stablecoins reserve held by an exchange. This usually indicates potential sell pressure.

Definition

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

Interpretation

This usually indicates potential sell pressure.