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📰 【Tether issued an additional 1 billion USDT seven hours ago.】
BlockBeats reports that on April 24, according to on-chain data, Tether issued an additional 1 billion USDT on the Ethereum network seven hours ago. Additionally, according to Lookonchain monitoring, over the past week, Tether and Circle have collectively minted $4.75 billion worth of stablecoins.
Here we go again—1 billion USDT poured into the Ethereum network, with nearly 5 billion in stablecoin issuance over the past week. These whales and market makers are secretly adding leverage, getting ready for the next round of harvesting. Behind the party of ample liquidity, there’s always a mess waiting for retail investors. Remember: the more liquidity overflows, the more violent market fluctuations become—it’s just the calm before the storm. 👇👇👇👇👇