Wow, something big has come in.
Just now, Tether, the parent company of USDT, transferred 400 million USDT to Binance. I wonder which whale is entering the market?
Every time it's daytime in the United States, we tend to see such large amounts of stablecoins flowing into exchanges, indicating that institutions are using Tether to convert USD into USDT to enter the cryptocurrency space.
This is why every time the cryptocurrency price plummets, it feels like the end is near, but it eventually rebounds because there are indeed people buying.