Market Maker continues to mint USDT to maintain the price push?
In the past few hours, C*mberland & A*raxas Capital have minted a total of over 150M $USDT from Tether.
The $USDT amount has now been deposited by the Market Makers on exchanges right during the market correction at this time.
In previous minting instances, the price immediately reacted and rebounded when the US stock market began trading, will this $USDT be used by them to buy the market again.
With this sustained minting volume, the market will tend to have a sustainable upward trend, coinciding with Binance's previous $USDC minting article.
Let's wait and see how the market will run when the US session starts tonight
PUMP or DUMP here, guys.
God of Crypto Wealth
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