$ETH Whale Alert: Tether Strikes Again 🚨
In the last 4 hours, Tether (#USDT) minted another $1B USDT on the Ethereum network.
This marks a massive acceleration — in just the past 8 days, Tether has minted a total of $5B USDT on Ethereum.
🔎 Why It Matters
- Fresh minting often signals anticipated demand for stablecoin liquidity across CEXs, DEXs, and DeFi protocols.
- Large-scale USDT expansion can be a precursor to heightened trading activity or even a market rally, as stablecoins act as dry powder for crypto buys.
- Ethereum remains the core backbone for USDT issuance, despite growing multichain deployments.
💡$5B injected in just over a week is no small move — it reflects strong institutional and retail appetite, and could fuel significant capital rotation into major crypto assets.
