Today Tether printed 2 Billion USDT on network #Ethereum.
This is not small change. A movement of this size usually signals that someone is preparing for something. But, preparing for what?
The printing of USDT usually means high demand from exchanges or institutions.
But be careful:
• This could just be reserves (not necessarily distributed immediately).
• It may not be bullish right now, as it could be for long-term DCA.
