Whale Alert detected that Tether Treasury minted 1 billion USDT on Ethereum. This massive minting is interpreted as a strong signal of liquidity injection into the ecosystem. In just one week, Tether and Circle have minted a total of 11.75 billion stablecoins, but a single transfer of 1 billion is still quite significant.

The timing is interesting, just when $BTC

BTCUSDT

Perp

94,855.9

-1.23%

rose back to $106,000 and market sentiment was cautiously optimistic. This provides traders and institutions with ample funds, whether for bottom fishing, arbitrage, or increasing margins.

This liquidity expansion is key for the market to regain momentum after digesting last week's large outflows from ETFs and the decline in DeFi TVL. A large amount of cash has been converted into on-chain dollars, directly supporting $ETH

ETHUSDT

Perp

3,098.78

-3.51%

ETH trading demands on these L1 networks. In the short term, this serves as a strong demand signal. #Strategy增持比特币