The latest theory suggests that Tether is staging an exit from the stablecoin market while withdrawing the USDT tokens at a profit.
Anomalous growth of Bitcoin and decrease in the USDT on Bitfinex: what really hides behind the scenes, what does it have to do with mysterious IMMO and whose trading bots in charge of massive USDT sales? Answers seem to be found now.
Bitfinex resumes users’ fiat deposits introducing a new, improved and increasingly resilient distributed banking system for sending fiat currencies to the exchange.
100 million USDT tokens were transferred from the Tether Treasury to the digital currency exchange Bitfinex just hours before the Bitcoin price surged.