📌 Tether On-Chain Activity Skyrockets —What’s Fueling the Surge? – TL;DR Record Activity: Tether’s daily on-chain transfers surged to over 143,000, reaching a six-month high amid volatile market conditions. Trader Strategy: Increased buy-side activity as traders accumulate USDT during market dips to capitalize on upcoming buying opportunities. Regulatory
$USDT
Tether’s on-chain activity is soaring, with daily transfers surpassing 143,000, marking a six-month peak amidst turbulent market conditions. This surge is driven by strategic traders who are amassing #USDT during market downturns, poised to seize future buying opportunities. The increased activity highlights a shift in trader behavior as they prepare for potential market rebounds. This uptick comes as regulatory discussions intensify, impacting the broader #cryptocurrency landscape. As traders navigate these dynamics, Tether’s prominence continues to grow.
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