Over $10 Billion Pulled From USDT As Stablecoin Crises Continues
Submitted by Anonymous (not verified) on Tue, 05/24/2022 - 20:10The uncertainty around stablecoins had begun with the UST crash and inevitably spilled unto others such as USDT.
The uncertainty around stablecoins had begun with the UST crash and inevitably spilled unto others such as USDT.
FTX Token has now become the largest token holding among the top 100 Ethereum whales, second only to their ETH holdings.
Bitcoin had been recording massive liquidations since the digital asset had dropped from $40,000.
Dogecoin has been on the decline ever since it hit its all-time high back in May of 2021.
Ethereum whales have always been among the top Shiba Inu supporters.
The popularity of the metaverse has seen it snake its way into various industries.
Bitcoin open interest has been on a downtrend recently.
Bitcoin on-chain activity has been on the rise for the past week. It has seen transactions grow more than 70% in the same time span.
Bitcoin has had its fair share of highly volatile days since its inception.
The current crypto market climate has seen bitcoin on-chain activity light up like a Christmas tree.
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