In the case of Minting 1-2 billion dollars, I have some experiences after going through many minting events like this!
1. After minting, transfer directly to the dex market 15 minutes later, pushing BTC prices up by 5000-10000! This situation is not uncommon; it appears after BTC successfully tests the bottom, with strong buying power and is trading at the support zone (usually the mid Bollinger band on a 4-hour chart).
2. After minting, store it away, not circulating. One fine day, good news breaks out (ending the Middle East war), and the amount of money in storage floods into private wallets and the dex exchange, pushing the price straight up from the old bottom without giving shorts a chance to react. Usually, during this period, there will be a lot of bad news, and BTC will drop sharply to test the bottom!
3. After minting, quietly transfer to an anonymous wallet, stirring up the flow of money - a very dangerous move! Typically, organizations or market makers that do this will quietly accumulate assets, and it is very difficult to grasp their cash flow behavior because they mix the money flow very subtly. On a fine day when they have accumulated enough, just 1-2 margin orders from market makers will be enough to push the price soaring high!
4. Minting distributes money to altcoins. Like in July, the money minted 3 billion dollars but did not flow into BTC but was spread across altcoins; BTC did not rise much, while ETH and altcoins soared wildly. This is also hard to detect because the money flow is divided into smaller amounts for various wallets rather than gathered in one lump sum to push like BTC.
In summary: Minting more money indicates that the organization has a demand, so they ask Tether to mint more and store it for future accumulation. When minting 1-2 billion dollars, there will definitely be strong price fluctuations in the short term from 3 days to 1 week!