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67,000,000 #USDT (66,980,235 USD) transferred from unknown wallet to #Bitfinex

Positive Sign πŸš€
#USDT Number of New Addresses (7d MA) just reached a 1-year high of 1,109.667.

The previous 1-year high of
1,109.321 was observed on 10 December 2022.
πŸ’° #USDT Cartel Printing πŸ’΅
πŸ”₯$2B printed today
🚨 WAR on StableCoins :

- First Staking
- Then Paxos' #BUSD

Stablecoins might be categorized as securities if they provide staking and some other services to US Customers.

So there is possibility of SEC's next target are other stablecoins like #USDC, #USDT and #GUSD.

War going on unregulated stablecoins/securities. Banning these might help SEC to regulate industry via USD.

Also #Binance CEO said: Crypto industry will probably move to non-dollar stablecoins.

If #SEC attacks other stablecoins then find an another place to park money. (Probably Bitcoin will pump hard initially as ultimate safe heaven)
The total amount of #BUSD that is held in exchange reserves has dropped from $14.3B to $11.3B, representing a fall of 21% or $3B.

In terms of market capitalization, #USDT and #USDC have absorbed the majority of the value lost.
πŸ’΅ πŸ’΅ πŸ’΅ πŸ’΅ πŸ’΅ πŸ’΅ πŸ’΅ πŸ’΅ πŸ’΅ πŸ’΅ 1,000,000,000 #USDT    (1,004,070,000 USD) minted at Tether Treasury
1,000,000,000 #USDT (1,001,785,359 USD) minted at Tether Treasury😦
⚑️Tether USDT Lost Peg

The imbalance in the Curve 3Pool has led to a massive exchange of #usdt for USDC and DAI. Thereby, USDT has lost its peg and is now trading at a 0.25% discount
Hashkey spent 7.47M $USDT to buy 4,578 $ETH at $1,643 from #Binance during the #USDT depegging yesterday.

Hashkey is very smart on $ETH.

Bought 1,747 $ETH ($2.5M) at $1,431 during #USDC depegging.

Sold 3,540 $ETH ($7.4M) at $2,091 at the highest price point of this year.

Address: https://etherscan.io/address/0x760484042a7856e62b627318796ebb609c8131a1