Tether back to treasury | Almost $1B there | Brainstorm
Lets brainstorm this:
1. Tether is getting back to the treasury address. Does this means that previous Tether buyers are redeeming?
2. Does it means that Tether treasury is buying from the market?
3. If Tether buyers are redeeming (Selling) then it makes sense that the price started to go down on the USDT/USD market for example.
4. Also if redeeming is happening doesn’t this mean FIAT is leaving Crypto? Why the sudden pump in price on the 15th of October? Less FIAT lower price right?
5. Also if Finex closed deposits but withdrawals were still open. Why did people started buying Crypto to withdraw those funds?
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