ThanTaiCrypto
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Market Maker continues to mint USDT to maintain the price pushing process
In the past day, Cumberland & Abraxas Capital has minted 123M $USDT from Tether
The $USDT amount has already been deposited by MM onto the exchange right during the correction of $BTC to 101K last night
Immediately after, the price reacted and rebounded; it is possible that the $USDT has been used to buy in the market
If they only mint to maintain, then the market will have a sustainable upward trend, and if they mint billions of dollars, the market will enter a price pushing phase
Crypto God of Wealth
In the past day, Cumberland & Abraxas Capital has minted 123M $USDT from Tether
The $USDT amount has already been deposited by MM onto the exchange right during the correction of $BTC to 101K last night
Immediately after, the price reacted and rebounded; it is possible that the $USDT has been used to buy in the market
If they only mint to maintain, then the market will have a sustainable upward trend, and if they mint billions of dollars, the market will enter a price pushing phase
Crypto God of Wealth
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