At this moment, 1 billion U is entering the market, are the whales still bottom fishing?
That's right, brother!
1. Half an hour ago, Tether, the parent company of USDT, continued to issue 1 billion USDT on the Tron chain after an eight-day hiatus, and this money has been quickly transferred to exchanges for bottom fishing.
2. Based on the efficiency of the issuance, they were already in the process when ETH was being dumped this afternoon. If Powell's speech is bearish later, I believe this money will be quickly used for bottom fishing.
3. After the last entry of 1 billion U on May 7, ETH immediately surged and skyrocketed for a week the next day.
4. The current trade war has eased, and Trump is also opening trades in the Middle East to pull up the US stock market. Shorting may not be wise right now!
Updates will continue after Powell's speech!
