The company Tether has injected 250 million USDT in the market of cryptocurrency
The company Tether injected 250 million USDT in the market of cryptocurrency on the 25th of June.
The previous such smart action took place a month ago – on 18 May. As the analysts point out, after such actions, a short bit of Bitcoin appreciation followed by a more severe drop in the rate.
There are currently similar trends. As Charlie Lee, the founder of Litecoin, points out, the unexpected increase in Bitcoin is always followed by the USDT's entry into the market. The situation is the same if you invest $ 250 million on stock exchanges, says Charlie Lee.